Hesai Gr: Q4 Earnings Insights
Portfolio Pulse from Benzinga Insights
Hesai Gr (NASDAQ:HSAI) reported its Q4 earnings, missing estimated earnings by 0.0% with an EPS of $-0.11. Revenue increased by $19.71 million from the previous year. Last quarter, HSAI beat EPS estimates, resulting in a 10.0% share price increase the following day.
March 11, 2024 | 9:10 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Hesai Gr reported Q4 earnings with an EPS of $-0.11, meeting estimates, and a revenue increase of $19.71M from last year. Previous quarter's EPS beat led to a 10% stock increase.
Hesai Gr's Q4 earnings report showed a match with EPS estimates and a significant revenue increase, indicating stability. However, the previous quarter's performance, where an EPS beat led to a stock price increase, suggests that meeting expectations might not significantly impact the stock price in the short term. The score is neutral due to the balance between positive revenue growth and the mere meeting of EPS estimates.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100