LanzaTech Global Q2 2024 GAAP EPS $(0.14) Misses $(0.12) Estimate, Sales $17.375M Beat $14.110M Estimate
Portfolio Pulse from Benzinga Newsdesk
LanzaTech Global (NASDAQ:LNZA) reported Q2 2024 GAAP EPS of $(0.14), missing the $(0.12) estimate, but achieved sales of $17.375M, beating the $14.110M estimate. Sales increased by 34.51% year-over-year.
August 08, 2024 | 10:03 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
LanzaTech Global reported Q2 2024 GAAP EPS of $(0.14), missing the $(0.12) estimate, but achieved sales of $17.375M, beating the $14.110M estimate. Sales increased by 34.51% year-over-year.
While LanzaTech Global missed EPS estimates, the significant beat on sales and strong year-over-year growth in revenue may offset the negative sentiment from the EPS miss. This mixed result is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100