Blue Foundry Q3 2024 GAAP EPS $(0.19) Misses $(0.17) Estimate
Portfolio Pulse from Benzinga Newsdesk
Blue Foundry reported a Q3 2024 GAAP EPS of $(0.19), missing the analyst consensus estimate of $(0.17) by 11.76%.
October 23, 2024 | 12:17 pm
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Blue Foundry's Q3 2024 earnings per share of $(0.19) fell short of the expected $(0.17), indicating a larger-than-expected loss.
The reported EPS of $(0.19) is worse than the expected $(0.17), suggesting financial underperformance. This earnings miss is likely to negatively impact investor sentiment and put downward pressure on the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100