SES AI Q2 2024 GAAP EPS $(0.06) Beats $(0.07) Estimate
Portfolio Pulse from Benzinga Newsdesk
SES AI (NYSE:SES) reported a Q2 2024 GAAP EPS of $(0.06), beating the analyst consensus estimate of $(0.07) by 14.29%.
July 29, 2024 | 8:27 pm
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POSITIVE IMPACT
SES AI reported a Q2 2024 GAAP EPS of $(0.06), which is better than the analyst consensus estimate of $(0.07). This positive earnings surprise could boost investor confidence in the short term.
The company's earnings per share (EPS) beat the analyst estimates, which is generally seen as a positive indicator for the stock price. This could lead to a short-term increase in the stock price as investors react to the better-than-expected performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100