Urban-gro's EPS crash in Q4 2023 can be attributed to several factors:
- Analyst Estimates and Actual Performance: Urban-gro's reported EPS of -$0.34 in Q4 2023 was significantly below the analyst estimate of -$0.1312. This indicates that the company's performance fell short of expectations, leading to a negative surprise.
- Revenue Shortfall: The company's revenue for the quarter was reported at $13.38 million, which was notably lower than the analyst estimate of $15.01 million31. This shortfall in revenue could contribute to the negative EPS figure, as revenue is a key indicator of the company's profitability.
- Business Segment Performance: The company's revenue by business segment for Q4 2023 is not available. However, the absence of specific segment revenue data makes it difficult to analyze the performance of different business segments contributing to the overall revenue shortfall4.
In conclusion, Urban-gro's EPS crash in Q4 2023 was likely a result of a combination of the company's actual performance falling short of analyst expectations, particularly in terms of revenue, and the lack of specific segment revenue data to provide insights into the performance of different business segments.