Nuvve Holding Q4 2023 GAAP EPS $(6.98) Misses $(5.60) Estimate, Sales $1.640 Miss $3.000M Estimate
Portfolio Pulse from Benzinga Newsdesk
Nuvve Holding (NASDAQ:NVVE) reported Q4 2023 GAAP EPS of $(6.98), missing the $(5.60) estimate, and sales of $1.640M, missing the $3.000M estimate. This represents a significant decrease over the same period last year.
March 28, 2024 | 8:55 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Nuvve Holding reported a significant miss in both EPS and sales for Q4 2023, with EPS at $(6.98) and sales at $1.640M, both below analyst estimates.
The significant miss in both EPS and sales compared to analyst estimates suggests potential challenges in the company's operations or market conditions. This could lead to negative investor sentiment in the short term, impacting the stock price negatively.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100