NextNav: Q4 Earnings Insights
Portfolio Pulse from Benzinga Insights
NextNav (NASDAQ:NN) reported Q4 earnings with an EPS of $-0.15, missing estimates by -7%, and revenue increased by $402 thousand year-over-year. The company's past earnings performance shows a pattern of missing EPS estimates, which previously led to a 1.0% drop in share price.
March 13, 2024 | 8:35 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
NextNav reported Q4 earnings with an EPS miss and a year-over-year revenue increase. Historical performance shows a tendency to miss EPS estimates.
NextNav's Q4 earnings report shows a miss on EPS estimates but an increase in revenue. Historically, missing EPS estimates has led to a slight drop in share price the following day. However, the consistent revenue growth could mitigate negative reactions. The mixed nature of this report suggests a neutral short-term impact on the stock price, with investor focus likely divided between the EPS miss and revenue growth.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100