Wallbox Q1 Sales €43.100M Miss €52.538M Estimate
Portfolio Pulse from Benzinga Newsdesk
Wallbox reported Q1 sales of €43.100 million, missing the analyst consensus estimate of €52.538 million by 17.96%.
May 09, 2024 | 10:52 am
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NEGATIVE IMPACT
Wallbox's Q1 sales of €43.100 million fell short of the consensus estimate of €52.538 million by 17.96%.
Missing sales estimates by a significant margin of 17.96% is likely to negatively impact investor sentiment and could lead to a short-term decrease in WBX's stock price. The magnitude of the miss suggests potential underlying issues that investors may find concerning.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100