Gauzy Q2 2024 Adj. EPS $(0.88) Misses $(0.20) Estimate, Sales $24.409M Beat $23.319M Estimate
Portfolio Pulse from Benzinga Newsdesk
Gauzy (NASDAQ:GAUZ) reported Q2 2024 adjusted EPS of $(0.88), missing the $(0.20) estimate by 340%. However, sales of $24.409M beat the $23.319M estimate by 4.68%, marking a 22.45% increase from the same period last year.
August 08, 2024 | 11:12 am
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Gauzy reported a significant EPS miss of $(0.88) against the $(0.20) estimate, but sales exceeded expectations with a 22.45% YoY increase.
The significant EPS miss is likely to negatively impact the stock price in the short term, despite the positive sales performance. Investors may focus more on the earnings miss, which is a critical metric.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100