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Missing: Shift Tech Inc.'s Product & Differentiators
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Latest Shift Tech Inc. News
Nov 9, 2022
Nasdaq By Zacks Shift Tech (SFT) came out with a quarterly loss of $0.67 per share versus the Zacks Consensus Estimate of a loss of $0.53. This compares to loss of $0.48 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -26.42%. A quarter ago, it was expected that this company would post a loss of $0.56 per share when it actually produced a loss of $0.59, delivering a surprise of -5.36%. Over the last four quarters, the company has surpassed consensus EPS estimates just once. AD AD Shift Tech, which belongs to the Zacks Internet - Commerce industry, posted revenues of $161.87 million for the quarter ended September 2022, surpassing the Zacks Consensus Estimate by 3.15%. This compares to year-ago revenues of $179.8 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
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