Allbirds, Inc. (BIRD) Reports Q3 Loss, Tops Revenue Estimates
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Allbirds, Inc. (BIRD) reported a Q3 loss of $2.68 per share, which is better than the Zacks Consensus Estimate of a $3.13 loss. This is an improvement from the $4.20 loss per share a year ago.
November 07, 2024 | 1:00 am
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POSITIVE IMPACT
Allbirds, Inc. reported a Q3 loss of $2.68 per share, which is better than expected and an improvement from last year. This positive earnings surprise may boost investor confidence.
The better-than-expected earnings report, with a smaller loss than anticipated, is likely to positively impact Allbirds' stock price in the short term. The improvement from last year's loss also suggests progress, which could boost investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100