Know Labs Q2 2024 GAAP EPS $(0.07) Misses $(0.05) Estimate
Portfolio Pulse from Benzinga Newsdesk
Know Labs (AMEX:KNW) reported a Q2 2024 GAAP EPS of $(0.07), missing the analyst consensus estimate of $(0.05) by 40%. This represents a 30% improvement over the $(0.10) per share loss from the same period last year.
May 15, 2024 | 8:26 pm
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NEGATIVE IMPACT
Know Labs reported a Q2 2024 GAAP EPS of $(0.07), missing the analyst consensus estimate of $(0.05) by 40%. Despite the miss, the company showed a 30% improvement over the $(0.10) per share loss from the same period last year.
The significant miss on analyst estimates is likely to negatively impact the stock price in the short term. However, the year-over-year improvement may provide some support.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100