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Market Impact: 0.35

WidePoint (WYY) Reports Q4 Loss, Tops Revenue Estimates

WYY
Corporate EarningsCompany FundamentalsAnalyst Estimates

WidePoint reported a quarterly EPS loss of $0.09 versus the Zacks consensus loss of $0.01, missing expectations by $0.08 and worsening from a year-ago loss of $0.04 (EPS down $0.05 y/y). The earnings miss is likely to pressure the stock and could move the equity low- to mid-single-digit percent absent any offsetting revenue detail or guidance.

Analysis

WidePoint reported a quarterly EPS loss of $0.09 versus the Zacks consensus loss of $0.01, missing expectations by $0.08 and worsening from a year-ago loss of $0.04 (EPS down $0.05 y/y). The earnings miss is likely to pressure the stock and could move the equity low- to mid-single-digit percent absent any offsetting revenue detail or guidance.

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Market Sentiment

Overall Sentiment

strongly negative

Sentiment Score

-0.60

Ticker Sentiment

WYY-0.80