Recap: iShares $ Corp Bond UCITS ETF Q4 Earnings
Portfolio Pulse from Benzinga Insights
iShares $ Corp Bond UCITS ETF (NASDAQ:LQDA) reported Q4 earnings with an EPS of $-0.42, missing estimates by -83.0% and a revenue decrease of $829 thousand from the previous year. The ETF has a history of missing EPS estimates, which previously led to a 4.0% share price drop.
March 13, 2024 | 10:15 am
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iShares $ Corp Bond UCITS ETF reported significantly lower Q4 earnings than expected, with an EPS of $-0.42 and a revenue decrease from the previous year.
Given the significant miss in earnings estimates and the historical context of share price dropping after missing EPS estimates, it's likely that LQDA's share price will experience short-term negative pressure.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100