Blackboxstocks Q1 EPS $(0.27) Misses $(0.14) Estimate, Sales $649.42K Miss $900.00K Estimate
Portfolio Pulse from Benzinga Newsdesk
Blackboxstocks (NASDAQ:BLBX) reported Q1 EPS of $(0.27), missing the $(0.14) estimate by 92.86%. Sales were $649.42K, missing the $900K estimate by 27.84%. Despite a 53.45% improvement in EPS from last year, sales decreased by 24.40%.
May 16, 2024 | 12:08 pm
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Blackboxstocks reported Q1 EPS of $(0.27), missing the $(0.14) estimate by 92.86%. Sales were $649.42K, missing the $900K estimate by 27.84%. Despite a 53.45% improvement in EPS from last year, sales decreased by 24.40%.
The significant miss on both EPS and sales estimates is likely to negatively impact the stock price in the short term. Although there is an improvement in EPS from the previous year, the overall financial performance is below market expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100