Bakkt Hldgs Q1 2024 GAAP EPS $(1.86) Beats $(2.08) Estimate, Sales $854.600M Beat $17.900M Estimate
Portfolio Pulse from Benzinga Newsdesk
Bakkt Holdings (NYSE: BKKT) reported Q1 2024 GAAP EPS of $(1.86), beating the $(2.08) estimate. Sales were $854.6M, significantly surpassing the $17.9M estimate.
May 15, 2024 | 8:40 pm
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Bakkt Holdings reported better-than-expected Q1 2024 results with EPS of $(1.86) beating estimates and sales of $854.6M significantly surpassing expectations.
The better-than-expected EPS and significantly higher sales figures are likely to positively impact Bakkt Holdings' stock price in the short term. The substantial improvement in both metrics compared to the previous year further supports a positive outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100