XPEL Q1 2024 Adj EPS $0.29 Misses $0.30 Estimate
Portfolio Pulse from Benzinga Newsdesk
XPEL reported its Q1 2024 adjusted earnings per share (EPS) of $0.29, missing the analyst consensus estimate of $0.30 by 3.33%.
May 02, 2024 | 11:48 am
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NEGATIVE IMPACT
XPEL's Q1 2024 earnings report showed an adjusted EPS of $0.29, missing the consensus estimate of $0.30 by 3.33%.
Missing earnings estimates, even by a small margin, can lead to negative investor sentiment in the short term, potentially causing a decrease in stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100