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Sunday, November 8, 2026 · UTC
The Markets

Stock drops 11.62% after narrow earnings beat

Shares fell sharply on August 27 2026 despite narrowly topping analyst consensus estimates.

Marcus Vance
Markets Reporter
Share on X
Stands on 2 placed sources from 2 publishers.
As of 2026-10-06 00:04 UTC. Market figures are as the cited sources reported them at that time and may have moved since. This is news, not investment advice.
A stock fell 11.62% on August 27, 2026 after reporting a modest earnings beat. The company posted $0.94 earnings per share against a consensus expectation of $0.93, on revenue of $2.74B versus $2.71B expected.[1]