Expion360 Q2 EPS $(0.30) Misses $(0.27) Estimate, Sales $1.28M Miss $1.36M Estimate
Portfolio Pulse from totan@benzinga.com
Expion360 (NASDAQ:XPON) reported Q2 earnings per share (EPS) of $(0.30), missing the analyst estimate of $(0.27) by 11.11%. Sales were $1.28 million, also missing the estimate of $1.36 million by 6.03%. Both EPS and sales showed significant declines compared to the same period last year.
August 14, 2024 | 8:19 pm
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Expion360 reported Q2 EPS of $(0.30), missing estimates by 11.11%, and sales of $1.28M, missing estimates by 6.03%. Both metrics showed significant declines compared to the same period last year.
The company's Q2 earnings and sales both missed analyst estimates and showed significant year-over-year declines. This negative performance is likely to impact the stock price negatively in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100