Kamada Q1 EPS $0.04 Beats $0.02 Estimate, Sales $30.71M Miss $34.30M Estimate
Portfolio Pulse from Benzinga Newsdesk
Kamada reported Q1 earnings of $0.04 per share, beating the analyst consensus estimate of $0.02 by 100%. However, quarterly sales of $30.71 million missed the estimate of $34.30 million by 10.47%.
May 24, 2023 | 11:15 am
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Kamada's Q1 earnings beat estimates, but sales missed expectations.
Kamada's Q1 earnings per share beat analyst estimates by 100%, which is a positive sign for the company. However, their sales missed the estimate by 10.47%, which could offset the positive impact of the earnings beat. The mixed results make it difficult to predict the short-term price direction, resulting in a neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100