SEMrush Holdings, Inc. (SEMR) Q3 Earnings Lag Estimates
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SEMrush Holdings, Inc. (SEMR) reported Q3 earnings of $0.06 per share, missing the Zacks Consensus Estimate of $0.07 per share. This is the same as their earnings per share from a year ago.
November 08, 2024 | 2:15 am
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SEMrush Holdings reported Q3 earnings of $0.06 per share, missing the expected $0.07. This could lead to a negative short-term impact on the stock price.
The earnings miss, even by a small margin, can lead to a negative sentiment among investors, potentially causing a short-term decline in the stock price. The fact that earnings per share remained the same as last year may also contribute to concerns about growth.
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