NuScale Power Q1 2024 GAAP EPS $(0.21) Misses $(0.12) Estimate, Sales $1.379M Miss $5.705M Estimate
Portfolio Pulse from Benzinga Newsdesk
NuScale Power (NYSE:SMR) reported Q1 2024 earnings with a GAAP EPS of $(0.21), missing the $(0.12) estimate by 75%, and sales of $1.379M, missing the $5.705M estimate by 75.83%. This represents a significant decrease from the previous year's performance.

May 09, 2024 | 9:18 pm
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NEGATIVE IMPACT
NuScale Power reported significant misses in both EPS and sales for Q1 2024, indicating a substantial decrease in performance compared to the previous year.
The substantial miss in both earnings per share and sales compared to analyst estimates, along with a significant decrease from the previous year's figures, suggests a negative short-term impact on NuScale Power's stock price. The magnitude of the miss and the year-over-year decline are critical factors likely to influence investor sentiment negatively.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100