Nuzee Q3 EPS $(0.76) Up From $(2.45) YoY, Sales $366.89K Miss $1.60M Estimate
Portfolio Pulse from Benzinga Newsdesk
Nuzee (NASDAQ:NUZE) reported a Q3 EPS of $(0.76), an improvement from $(2.45) YoY, but sales of $366.89K missed the $1.60M estimate.
August 20, 2024 | 12:49 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Nuzee's Q3 EPS improved significantly from last year, but sales fell short of expectations, missing the estimate by 77.07%.
While Nuzee's EPS showed a significant improvement, the substantial miss in sales against estimates is likely to negatively impact the stock price in the short term. Investors may react to the missed revenue expectations despite the improved earnings per share.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100