Aemetis Q4 EPS $(0.64) Misses $(0.34) Estimate, Sales $70.76M Miss $74.65M Estimate
Portfolio Pulse from Benzinga Newsdesk
Aemetis (NASDAQ:AMTX) reported Q4 earnings with a loss of $(0.64) per share, missing the $(0.34) estimate by 88.24%, and sales of $70.76M, missing the $74.65M estimate by 5.21%. This represents a 1.59% increase in losses and a 6.04% increase in sales from the same period last year.
March 07, 2024 | 1:05 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Aemetis reported a larger than expected Q4 loss and missed sales estimates, indicating potential short-term negative impact on its stock price.
Missing both EPS and sales estimates typically leads to negative investor sentiment in the short term. The reported increase in losses and failure to meet sales expectations could result in a decrease in stock price as the market adjusts to the new information.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100