Reunion Neuroscience: Q4 Earnings Insights
Portfolio Pulse from Benzinga Insights
Reunion Neuroscience (NASDAQ:REUN) reported its Q4 earnings, missing estimated earnings by 41.38% with an EPS of $-0.41 versus an estimate of $-0.29. Revenue was down $1.36 million from the same period last year. Despite missing on EPS last quarter, the share price increased by 0.8% the next day.
June 29, 2023 | 12:25 pm
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Reunion Neuroscience's Q4 earnings missed estimates by 41.38%, and revenue was down $1.36 million YoY. However, the company's share price increased by 0.8% the day after the last earnings miss.
Reunion Neuroscience's significant earnings miss and decrease in revenue YoY could negatively impact investor sentiment and the company's stock price. However, the company's stock price increased after the last earnings miss, indicating that investors may have already priced in the earnings miss.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100