Similarweb (SMWB) Q3 Earnings Miss Estimates
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Similarweb (SMWB) reported Q3 earnings of $0.01 per share, missing the Zacks Consensus Estimate of $0.04 per share. This is an improvement from break-even earnings per share a year ago.
November 13, 2024 | 12:15 am
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NEGATIVE IMPACT
Similarweb's Q3 earnings of $0.01 per share fell short of the expected $0.04, though it shows improvement from last year's break-even.
The earnings miss is likely to negatively impact the stock price in the short term as it did not meet analyst expectations. However, the improvement from last year's break-even could mitigate some negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100