FiscalNote Holdings Q4 EPS $(0.39) Misses $(0.15) Estimate, Sales $34.27M Miss $34.53M Estimate
Portfolio Pulse from Benzinga Newsdesk
FiscalNote Holdings (NYSE:NOTE) reported Q4 earnings with a loss of $(0.39) per share, missing the $(0.15) estimate by 160%, and a 21.88% decrease from last year. Sales were $34.27M, missing the $34.53M estimate by 0.77%, but marking an 8.95% increase from the previous year.
March 12, 2024 | 11:09 am
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NEGATIVE IMPACT
FiscalNote Holdings reported a significant miss in Q4 EPS and slight miss in sales, with a decrease in EPS from the previous year but an increase in sales.
The significant miss in EPS and slight miss in sales forecasts are likely to negatively impact investor sentiment in the short term. The decrease in EPS year-over-year further compounds concerns, although the increase in sales might offer some positive outlook.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100