KULR Tech Gr Q1 2024 GAAP EPS $(0.04) Misses $(0.03) Estimate, Sales $1.750M Miss $4.537M Estimate
Portfolio Pulse from Benzinga Newsdesk
KULR Tech Group (AMEX:KULR) reported Q1 2024 GAAP EPS of $(0.04), missing the $(0.03) estimate. Sales were $1.750M, missing the $4.537M estimate. EPS improved from $(0.06) last year, but sales slightly decreased from $1.760M.
May 15, 2024 | 8:40 pm
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NEGATIVE IMPACT
KULR Tech Group reported Q1 2024 GAAP EPS of $(0.04), missing the $(0.03) estimate. Sales were $1.750M, missing the $4.537M estimate. EPS improved from $(0.06) last year, but sales slightly decreased from $1.760M.
KULR Tech Group's earnings and sales both missed analyst estimates significantly. Although EPS improved from the previous year, the substantial miss in sales and earnings is likely to negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100