Recap: Expion360 Q4 Earnings
Portfolio Pulse from Benzinga Insights
Expion360 (NASDAQ:XPON) reported Q4 earnings with an EPS of $-0.31, missing estimates by -11.0% and showing a revenue decrease of $591 thousand from the previous year. The company has a history of missing EPS estimates, which previously led to a 3.0% drop in share price.
March 28, 2024 | 8:15 pm
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Expion360 reported Q4 earnings with an EPS miss and a revenue decrease, continuing its trend of not meeting expectations.
Given Expion360's history of missing EPS estimates and the subsequent negative impact on its share price, the Q4 earnings report showing another miss and a revenue decrease is likely to have a negative short-term impact on the stock. The pattern of underperformance, especially with the previous quarter's miss leading to a 3.0% drop in share price, suggests a similar reaction could occur.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100