Snail Q4 EPS $0.07 Misses $0.27 Estimate, Sales $28.57M Miss $31.60M Estimate
Portfolio Pulse from dijoy@benzinga.com
Snail (NASDAQ:SNAL) reported Q4 earnings of $0.07 per share, missing the consensus estimate of $0.27 by 74.07%. Quarterly sales were $28.57M, missing the estimate of $31.60M by 9.59%.
April 01, 2024 | 8:36 pm
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NEGATIVE IMPACT
Snail reported Q4 earnings significantly below analyst expectations, with both EPS and sales missing estimates.
Missing both EPS and sales estimates by significant margins is likely to negatively impact investor sentiment and could lead to a short-term decrease in stock price. The substantial miss in EPS, in particular, indicates potential underlying issues that could concern investors.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100