Alpha Tau Medical Q1 EPS $(0.12) Misses $(0.11) Estimate
Portfolio Pulse from Happy Mohamed
Alpha Tau Medical (NASDAQ:DRTS) reported Q1 losses of $(0.12) per share, missing the analyst consensus estimate of $(0.11) by 9.09%. This is a 77.78% increase over losses of $(0.54) per share from the same period last year.
May 23, 2023 | 8:05 pm
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NEGATIVE IMPACT
Alpha Tau Medical's Q1 EPS of $(0.12) missed the $(0.11) estimate by 9.09%, but showed a 77.78% improvement YoY.
Alpha Tau Medical's Q1 earnings missed the analyst consensus estimate, which could lead to short-term negative sentiment among investors. However, the 77.78% improvement YoY may mitigate the impact to some extent.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100