XPEL Q1 Sales $90.104 Miss $94.091M Estimate
Portfolio Pulse from Benzinga Newsdesk
XPEL reported Q1 sales of $90.104 million, missing the analyst consensus estimate of $94.091 million. This represents an increase from last year's sales of $85.842 million.
May 02, 2024 | 11:40 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
XPEL's Q1 sales of $90.104 million missed the analyst consensus estimate of $94.091 million, indicating a potential short-term negative impact on its stock price.
Missing analyst estimates typically leads to negative investor sentiment in the short term, potentially causing a decrease in stock price. However, the increase from last year's sales indicates growth, which might mitigate the negative impact.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100