Curis Q2 EPS $(0.12), Inline, Sales $2.20M Miss $2.57M Estimate
Portfolio Pulse from Benzinga Newsdesk
Curis (NASDAQ:CRIS) reported Q2 earnings per share of $(0.12), in line with analyst consensus. However, the company's quarterly sales of $2.20 million missed the analyst consensus estimate of $2.57 million by 14.51 percent. This represents a 29.41 percent increase in losses from the same period last year and an 8.19 percent decrease in sales.
August 04, 2023 | 2:31 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Curis reported Q2 earnings in line with estimates but missed sales estimates. This could potentially impact the company's stock negatively in the short term.
Curis reported Q2 earnings that met analyst expectations, which is generally a positive signal. However, the company missed sales estimates, which is a negative signal. The increase in losses and decrease in sales YoY could also negatively impact investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100