Getaround Q2 2024 GAAP EPS $(0.12) Beats $(0.18) Estimate, Sales $18.584M Miss $19.520M Estimate
Portfolio Pulse from Benzinga Newsdesk
Getaround (NYSE:GETR) reported Q2 2024 GAAP EPS of $(0.12), beating the $(0.18) estimate, but sales of $18.584M missed the $19.520M estimate. Sales decreased by 0.19% compared to the same period last year.
August 12, 2024 | 8:24 pm
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Getaround's Q2 2024 GAAP EPS of $(0.12) beat the $(0.18) estimate, but sales of $18.584M missed the $19.520M estimate. Sales decreased by 0.19% compared to the same period last year.
The earnings per share (EPS) beat is a positive sign, but the miss on sales and the slight year-over-year decrease in sales may neutralize the positive impact. Investors may have mixed reactions, leading to a neutral short-term price impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100