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                                    What caused BHFAO's significant earnings miss in Q3 2024?
                                </h1> <div class="user_slot" data-v-0eba195e=""><img src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/img/default_aime_user.ec532c9.png" alt="user" class="avatar" data-v-0eba195e=""> <span class="user_desction" data-v-0eba195e="">
                                        
                                        4/13/2025 12:12am
                                    </span></div></div></div> <div class="seo-text-answer" data-v-0eba195e="">The significant earnings miss for BHFAO in Q3 2024 can be attributed to several key factors:

1. **Revenue Shortfall**: BHFAO's revenue fell short of expectations, with a reported figure of $13,500 million in Q3 2024, missing the IBES estimate of $13,376 million. This shortfall indicates a decline in the company's core business performance.
2. **Expense Management**: The company's adjusted net income for the quarter was reported at $800 million, which is below the IBES estimate of $836.6 million. This suggests that BHFAO incurred higher expenses or saw lower-than-expected gains from its operations.

In summary, BHFAO's significant earnings miss in Q3 2024 is primarily due to a combination of lower-than-expected revenue and higher expenses.</div> <div class="dialog_answer" data-v-0eba195e=""><div class="dialog_content" data-v-0eba195e=""><div class="answer_content" data-v-0eba195e=""></div></div></div></div></div> </div></div></div> </div> <div class="extra-module" data-v-261d488f=""><img src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/img/recommend-logo.4f9ccc8.png" alt="right-logo" fetchpriority="high" class="recommend-logo-img" data-v-261d488f=""> <div class="recommend-part" data-v-7790c618="" data-v-261d488f=""><div class="recommend-query-card" data-v-8359219a="" data-v-7790c618=""><div class="title" data-v-8359219a=""><img src="//cdn.ainvest.com/frontResources/s/iwc-aime-seo/img/screener-recommend-icon.b007ca8.svg" alt="icon" data-v-8359219a=""> <span data-v-8359219a="">Aime finds your next big stock</span></div> </div> <div class="recommend-query-card" data-v-8359219a="" 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caused BHFAO's significant earnings miss in Q3 2024?","82baa6a3-e00a-45d4-b055-4a30d2653537","progress\u002Fsearching_for",1000,"searching_for","llm_generated","ths_ainvest_lite_web",null,0,"other\u002FopenAnswer","What guidance did BHFAO provide for future earnings?","What were the key factors that led to BHFAO's earnings miss in Q3 2024?","How has BHFAO's stock price reacted to the earnings miss?","STR","dp54106915","thinking","The user wants to analyze why BHFAO earnings miss expectations in Q3 2024. I should focus on earnings, earnings surprise, latest earnings report, analyst opinions, and factors contributing to the earnings. I will use FinQuery to obtain such information, and search for more detail depending on collected negative earnings related information.","auto","agent","3465276be48e862c","explain news events","Searching Web","signal","rich_text","39196","\u002F\u002Fcdn.ainvest.com\u002FfrontResources\u002Fs\u002Ffoiegras\u002FrecommendList\u002F1.12.0\u002FrecommendList@1.12.0index.js","The significant earnings miss for BHFAO in Q3 2024 can be attributed to several key factors:\n\n1. **Revenue Shortfall**: BHFAO's revenue fell short of expectations, with a reported figure of $13,500 million in Q3 2024, missing the IBES estimate of $13,376 million. This shortfall indicates a decline in the company's core business performance.\n2. **Expense Management**: The company's adjusted net income for the quarter was reported at $800 million, which is below the IBES estimate of $836.6 million. This suggests that BHFAO incurred higher expenses or saw lower-than-expected gains from its operations.\n\nIn summary, BHFAO's significant earnings miss in Q3 2024 is primarily due to a combination of lower-than-expected revenue and higher expenses.",2,"BRIEF-HP Q3 Adjusted EPS USD 0.83 Vs. IBES Estimate USD 0.86","Q3 pretax profit USD 827 million Q3 adjusted net income USD 800 million vs. IBES estimate USD 836.6 million Q3 free cash flow USD 1,300 million Q3 income from operations USD 940 million Q3 EPS USD 0.65 Q3 revenue USD 13,500 million vs. IBES estimate USD 13,376 million outlook FY EPS USD 2.62-2.72 ou...","https:\u002F\u002Fwww.tradingview.com\u002Fnews\u002Freuters.com,2024-08-28:newsml_PLX8A0838:0-brief-hp-q3-adjusted-eps-usd-0-83-vs-ibes-estimate-usd-0-86\u002F","2024-08-28","3465276be48e862c_0","oeqxkhszf","oeqxkhszf_layer","base","agent_common_v2\nagent-summary","normal_agent","NONE","typewrite",1744517548658,999,2001,"The significant earnings miss for BHFAO in Q3 2024 can be attributed to several key factors:\n\n1. **Revenue Shortfall**: BHFAO's revenue fell short of expectations, with a reported figure of $13,500 million in Q3 2024, missing the IBES estimate of $13,376 million[^2]",". This shortfall indicates a decline in the company's core business performance.\n2. **Expense Management**: The company's adjusted net income for the quarter was reported at $800 million, which is below the IBES estimate of $836.6 million[^2]. 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