Hyzon Motors Q2 2024 GAAP EPS $(0.21) Misses $(0.15) Estimate, Sales $313.00K Miss $1.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
Hyzon Motors (NASDAQ:HYZN) reported Q2 2024 GAAP EPS of $(0.21), missing the $(0.15) estimate by 40%. Sales were $313K, missing the $1M estimate by 68.7%.
August 13, 2024 | 10:10 am
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Hyzon Motors reported a significant earnings miss for Q2 2024, with EPS of $(0.21) missing the $(0.15) estimate by 40% and sales of $313K missing the $1M estimate by 68.7%.
The significant miss on both EPS and sales figures is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100