Panasonic (OTC:PCRFY) reported its Q3 earnings results on Wednesday, February 2, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
Panasonic missed estimated earnings by 23.81%, reporting an EPS of $0.16 versus an estimate of $0.21, which surprised analysts.
Revenue was up $784.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.11, which was followed by a 4.32% drop in the share price the next day.
Here's a look at Panasonic's past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.19 | 0.13 | 0.16 | 0.26 |
| EPS Actual | 0.30 | 0.30 | 0.14 | 0.33 |
| Revenue Estimate | 15.36B | 14.80B | 16.23B | 16.92B |
| Revenue Actual | 15.85B | 16.31B | 17.16B | 17.36B |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
