CareMax Q4 Sales $151.84M Miss $190.83M Estimate
Portfolio Pulse from Benzinga Newsdesk
CareMax reported Q4 sales of $151.84M, missing the analyst consensus estimate of $190.83M by 20.43%, marking a 7.57% decrease from the same period last year.
March 18, 2024 | 10:59 am
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NEGATIVE IMPACT
CareMax's Q4 sales of $151.84M missed estimates by 20.43% and decreased 7.57% from last year.
Missing the sales estimate by a significant margin of 20.43% and showing a year-over-year decrease of 7.57% in sales could lead to negative investor sentiment and potentially decrease the stock price of CareMax in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100