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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NEGATIVE IMPACT
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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100