UPDATE: Aqua Metals Q4 EPS $(0.09) Misses $(0.05) Estimate
Portfolio Pulse from Benzinga Newsdesk
Aqua Metals (NASDAQ:AQMS) reported a Q4 EPS loss of $(0.09), missing the consensus estimate of $(0.05) by 80%. This represents an 80% increase in losses compared to the same period last year.
March 29, 2024 | 4:58 am
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Aqua Metals reported a larger than expected Q4 loss of $(0.09) per share, missing the $(0.05) estimate, indicating an 80% increase in losses year-over-year.
The reported earnings significantly missed analyst expectations, which typically leads to negative investor sentiment and could result in a short-term decrease in stock price. The 80% increase in losses year-over-year further exacerbates concerns about the company's financial health and operational efficiency.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100