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Market Impact: 0.35

Purple Innovation (PRPL) Reports Q4 Loss, Tops Revenue Estimates

PRPL
Corporate EarningsCompany FundamentalsAnalyst Estimates

Purple Innovation reported a quarterly EPS loss of $0.02 versus the Zacks consensus loss of $0.04 (an absolute beat of $0.02) and improved from a loss of $0.07 a year ago (a $0.05 YoY improvement). No revenue or guidance was disclosed in the note; the result is a modest positive surprise that could drive a small stock move.

Analysis

Purple Innovation reported a quarterly EPS loss of $0.02 versus the Zacks consensus loss of $0.04 (an absolute beat of $0.02) and improved from a loss of $0.07 a year ago (a $0.05 YoY improvement). No revenue or guidance was disclosed in the note; the result is a modest positive surprise that could drive a small stock move.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.25

Ticker Sentiment

PRPL0.30