TriplePoint Venture Gwth Q4 EPS $0.47 Misses $0.48 Estimate, Sales $32.97M Miss $33.13M Estimate
Portfolio Pulse from Happy Mohamed
TriplePoint Venture Growth (TPVG) reported Q4 earnings of $0.47 per share, missing the consensus estimate of $0.48, marking an 18.97% decrease from last year. Sales were $32.97M, also below the estimate of $33.13M, a 5.66% decrease from the previous year.
March 06, 2024 | 9:16 pm
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NEGATIVE IMPACT
TriplePoint Venture Growth reported lower-than-expected Q4 earnings and sales, missing both EPS and revenue estimates.
Missing both earnings per share (EPS) and sales estimates typically leads to negative investor sentiment in the short term. The reported decrease in earnings and sales from the previous year further compounds the potential negative impact on TPVG's stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100