CuriosityStream Q1 2024 GAAP EPS $(0.09) Misses $(0.06) Estimate, Sales $12.001M Miss $12.010M Estimate
Portfolio Pulse from Benzinga Newsdesk
CuriosityStream (NASDAQ:CURI) reported Q1 2024 earnings with a GAAP EPS of $(0.09), missing estimates by 50% and marking a 40% improvement over last year's $(0.15) per share. Sales were $12.001M, slightly missing estimates by 0.07% and showing a 3.12% decrease from last year.
May 07, 2024 | 9:26 pm
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NEGATIVE IMPACT
CuriosityStream reported a Q1 2024 GAAP EPS of $(0.09), missing estimates, and sales of $12.001M, slightly below expectations.
Missing both EPS and sales estimates typically leads to negative investor sentiment in the short term. The miss on EPS by 50% and the slight miss on sales, combined with a year-over-year decrease in sales, could lead to downward pressure on the stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100