Aemetis Q2 2024 GAAP EPS $(0.66) Misses $(0.48) Estimate, Sales $66.561M Miss $73.700M Estimate
Portfolio Pulse from Benzinga Newsdesk
Aemetis (NASDAQ:AMTX) reported Q2 2024 GAAP EPS of $(0.66), missing the $(0.48) estimate by 37.5%. Sales were $66.561M, missing the $73.700M estimate by 9.69%, but up 47.55% from $45.112M last year.
August 01, 2024 | 1:41 pm
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Aemetis reported Q2 2024 GAAP EPS of $(0.66), missing the $(0.48) estimate by 37.5%. Sales were $66.561M, missing the $73.700M estimate by 9.69%, but up 47.55% from $45.112M last year.
Aemetis missed both EPS and sales estimates, which is likely to negatively impact the stock price in the short term. However, the significant year-over-year sales growth may provide some support.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100