Beam Glb Q2 2024 GAAP EPS $(0.34) Misses $(0.21) Estimate, Sales $14.812M Miss $16.856M Estimate
Portfolio Pulse from Benzinga Newsdesk
Beam Global (NASDAQ: BEEM) reported Q2 2024 GAAP EPS of $(0.34), missing the $(0.21) estimate by 61.9%. Sales were $14.812M, missing the $16.856M estimate by 12.13%. Both EPS and sales showed declines compared to the same period last year.
August 13, 2024 | 8:39 pm
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Beam Global (NASDAQ: BEEM) reported disappointing Q2 2024 results with EPS of $(0.34) missing estimates by 61.9% and sales of $14.812M missing estimates by 12.13%. Both EPS and sales declined compared to the same period last year.
The significant miss on both EPS and sales estimates, along with year-over-year declines, is likely to negatively impact Beam Global's stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100