Blackboxstocks Q4 EPS $(0.21) Misses $(0.19) Estimate, Sales $781.16K Beat $700.00K Estimate
Portfolio Pulse from Benzinga Newsdesk
Blackboxstocks (NASDAQ:BLBX) reported Q4 earnings with a loss of $(0.21) per share, missing the $(0.19) estimate, and sales of $781.16K, beating the $700.00K estimate. This represents a 133.33% increase in losses and a 26.86% decrease in sales from the same period last year.

April 02, 2024 | 12:14 pm
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Blackboxstocks reported a larger than expected quarterly loss and a decrease in sales compared to last year, but beat sales estimates.
The reported earnings show a significant increase in losses and a decrease in sales year-over-year, which could negatively impact investor sentiment and stock price in the short term. The miss on earnings per share (EPS) estimates is particularly concerning, as it suggests the company is underperforming expectations. However, the beat on sales estimates might provide some offsetting positive sentiment.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100