Getaround Q4 EPS $(0.36) Misses $(0.21) Estimate, Sales $18.74M Miss $19.48M Estimate
Portfolio Pulse from Benzinga Newsdesk
Getaround (NYSE:GETR) reported Q4 earnings with a loss of $(0.36) per share, missing the $(0.21) estimate, and sales of $18.74M, missing the $19.48M estimate.
March 29, 2024 | 4:51 am
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NEGATIVE IMPACT
Getaround reported a Q4 EPS loss of $(0.36), missing the $(0.21) estimate, and sales of $18.74M, missing the $19.48M estimate.
Missing both earnings and sales estimates significantly, especially by 71.43% for EPS, is likely to negatively impact investor sentiment and could lead to a short-term decrease in stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100