Expion360 Q4 EPS $(0.31) Misses $(0.28) Estimate, Sales $858.72K Miss $980.00K Estimate
Portfolio Pulse from Benzinga Newsdesk
Expion360 (NASDAQ:XPON) reported Q4 earnings with a loss of $(0.31) per share, missing the $(0.28) estimate, and sales of $858.72K, missing the $980.00K estimate. This represents a significant decrease from the previous year.
March 28, 2024 | 8:13 pm
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Expion360 reported a larger than expected quarterly loss and a miss in sales estimates, indicating a significant decrease from the previous year.
The miss in both earnings per share and sales estimates, coupled with the significant decrease from the previous year's figures, suggests potential challenges for Expion360. This could lead to negative investor sentiment in the short term, impacting the stock price negatively.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100