Beam Glb Q1 EPS $(0.21) Beats $(0.29) Estimate, Sales $14.56M Miss $17.71M Estimate
Portfolio Pulse from Benzinga Newsdesk
Beam Global (NASDAQ: BEEM) reported a Q1 EPS of $(0.21), beating the estimate of $(0.29), but missed sales estimates with $14.56M against $17.71M. EPS improved by 44.74% YoY, while sales increased by 11.84% YoY.
May 21, 2024 | 10:03 am
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Beam Global reported a Q1 EPS of $(0.21), beating the estimate of $(0.29), but missed sales estimates with $14.56M against $17.71M. EPS improved by 44.74% YoY, while sales increased by 11.84% YoY.
The positive EPS surprise and YoY improvement are offset by the sales miss. This mixed result is likely to have a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100