Owlet (NYSE:OWLT) reported its Q4 earnings results on Thursday, March 7, 2024 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Owlet missed estimated earnings by -200.0%, reporting an EPS of $-0.12 versus an estimate of $-0.04.
Revenue was up $9.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.34 which was followed by a 8.0% drop in the share price the next day.
Here's a look at Owlet's past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.36 | -0.72 | -1.26 | -2.10 |
| EPS Actual | -0.70 | -0.56 | -1.12 | -1.96 |
| Revenue Estimate | 16.42M | 14.38M | 10.88M | 12.92M |
| Revenue Actual | 9.20M | 13.10M | 10.70M | 12.00M |
To track all earnings releases for Owlet visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.