LTCH - 1 Growth Stock That Crushed Earnings and 1 That Missed Expectations
Many publicly traded companies delivered their full-year 2021 earnings reports in February, with mixed results. Reactions by investors have been somewhat distorted because of macroeconomic headwinds pushing back the broader market, like tensions in Europe and rising interest rates.
But even still, it's hard to suppress strong results, and payments giant Block (NYSE: SQ) certainly delivered a positive surprise. But smart-lock tech company Latch (NASDAQ: LTCH) wasn't so upbeat, providing forward guidance for 2022 that missed expectations. Let's explore the details.
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1 Growth Stock That Crushed Earnings, and 1 That Missed Expectations