Clever Leaves Holdings Q4 EPS $(2.95), Sales $4.64M Miss $5.80M Estimate
Portfolio Pulse from Benzinga Newsdesk
Clever Leaves Holdings (CLVR) reported a Q4 EPS of $(2.95) and sales of $4.64M, missing the analyst consensus estimate of $5.80M by 20.03%. This represents a slight increase of 0.52% over the same period last year.
April 01, 2024 | 8:03 pm
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Clever Leaves Holdings reported a significant Q4 earnings miss with a loss per share of $(2.95) and sales of $4.64M, missing estimates by 20.03%.
The significant miss in both EPS and sales compared to analyst estimates is likely to negatively impact investor sentiment and the stock price in the short term. The slight year-over-year growth may not be sufficient to offset the negative impact of the earnings miss.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100