GreenPower Motor Co Q1 Sales $3.00M Miss $4.93M Estimate
Portfolio Pulse from Benzinga Newsdesk
GreenPower Motor Co (NASDAQ:GP) reported Q1 sales of $3.00 million, missing the analyst consensus estimate of $4.93 million by 39.25%. This represents an 82.95% decrease from the $17.58 million in sales during the same period last year.
August 14, 2024 | 9:22 pm
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GreenPower Motor Co reported Q1 sales of $3.00 million, significantly missing the analyst consensus estimate of $4.93 million by 39.25%. This also marks an 82.95% decrease from the same period last year.
The significant miss on sales estimates and the sharp year-over-year decline in sales are likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100