How did MOMO's Q3 earnings surprise impact its stock?
4/12/2025 07:35pm
MOMO's Q3 earnings surprise had a positive impact on its stock. The company reported earnings of $0.33 per share, which beat the Zacks Consensus Estimate of $0.30 per share. This represents an earnings surprise of 10%, which is a positive indicator as it suggests that the company has performed better than expected. As a result, the stock may have received a positive reaction from investors, although the overall impact on the stock price will also depend on other factors such as market conditions and investor sentiment.