ComScore (SCOR) Reports Q3 Loss, Tops Revenue Estimates
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ComScore (SCOR) reported a Q3 loss of $12.79 per share, significantly higher than the Zacks Consensus Estimate of a $0.94 loss. This is a substantial increase from the $0.40 loss per share reported a year ago. Despite the loss, ComScore exceeded revenue estimates.
November 12, 2024 | 11:30 pm
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ComScore reported a Q3 loss of $12.79 per share, far exceeding the expected loss of $0.94. This marks a significant increase from the previous year's loss of $0.40 per share. Despite the larger-than-expected loss, the company managed to surpass revenue estimates.
The substantial increase in loss per share compared to both the estimate and the previous year is likely to negatively impact investor sentiment and the stock price in the short term. However, exceeding revenue estimates may provide some support.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100