Recap: Reunion Neuroscience Q4 Earnings
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. Last quarter, the company also missed on EPS by $0.16, which was followed by a 0.8% increase in the share price the next day.
June 29, 2023 | 12:25 pm
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Reunion Neuroscience's Q4 earnings missed estimates by a significant margin, and revenue was down from the previous year. However, a similar miss last quarter led to a slight increase in share price.
Reunion Neuroscience's significant earnings miss and lower revenue could negatively impact investor sentiment, potentially leading to a decrease in share price. However, it's worth noting that a similar earnings miss last quarter led to a slight increase in share price, indicating that investors may have already priced in these misses.
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