Recap: OPAL Fuels Q4 Earnings
Portfolio Pulse from Benzinga Insights
OPAL Fuels (NASDAQ:OPAL) reported Q4 earnings with an EPS of $0.11, missing the estimate of $0.17 by -35.0%. Revenue increased by $20.29 million from the same period last year. Despite missing EPS estimates last quarter, the share price increased by 2.0% the following day.
March 13, 2024 | 9:10 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
OPAL Fuels reported a significant miss in Q4 earnings with an EPS of $0.11 against an estimate of $0.17, but saw an increase in revenue by $20.29 million from the previous year.
Missing the EPS estimate by -35.0% is likely to negatively impact investor sentiment in the short term, despite the increase in revenue. Historical data shows a mixed reaction to past earnings misses, but the significant miss this quarter could lead to a decrease in stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100