On Wednesday August 14, 2024, GreenPower Motor Co Reported Q1 EPS $(0.21) Beats $(0.22) Estimate, Sales $3.00M Miss $4.93M Estimate
Portfolio Pulse from Benzinga Newsdesk
GreenPower Motor Co (NASDAQ:GP) reported Q1 EPS of $(0.21), beating the estimate of $(0.22), but missed sales estimates with $3.00M against the expected $4.93M. EPS improved from last year, but sales significantly declined.
August 15, 2024 | 1:49 pm
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GreenPower Motor Co reported Q1 EPS of $(0.21), beating the estimate of $(0.22), but missed sales estimates with $3.00M against the expected $4.93M. EPS improved from last year, but sales significantly declined.
While GreenPower Motor Co's EPS beat estimates, the significant miss on sales and the large year-over-year decline in revenue could create mixed reactions in the market. Investors may be concerned about the company's ability to generate sales, despite the improvement in EPS.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100