AST SpaceMobile Q4 EPS $(0.35) Misses $(0.23) Estimate
Portfolio Pulse from Benzinga Newsdesk
AST SpaceMobile (NASDAQ:ASTS) reported Q4 losses of $(0.35) per share, missing the consensus estimate of $(0.23) by 52.17%. This represents a 150% increase in losses compared to $(0.14) per share from the same period last year.
April 01, 2024 | 8:31 pm
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AST SpaceMobile reported significantly higher losses than expected in Q4, with a 52.17% miss on EPS estimates and a 150% increase in losses year-over-year.
The significant miss on earnings estimates and the substantial increase in losses year-over-year are likely to negatively impact investor sentiment and the stock price of AST SpaceMobile in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100