Cognition Therapeutics's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Cognition Therapeutics (NASDAQ:CGTX) is set to release its latest quarterly earnings report on Tuesday, 2023-08-08. Analysts estimate an earnings per share (EPS) of $-0.19. The company's past performance shows a correlation between EPS and share price. Last quarter, the company missed EPS by $0.04, resulting in a 6.59% drop in the share price. Over the last 52-week period, shares are down 34.13%.
August 07, 2023 | 8:01 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Cognition Therapeutics is expected to report an EPS of $-0.19 in its upcoming earnings report. Past performance shows a correlation between EPS and share price, with a miss in EPS often leading to a drop in share price.
The company's past performance shows a correlation between EPS and share price. Last quarter, the company missed EPS by $0.04, resulting in a 6.59% drop in the share price. Given this pattern, if the company misses the estimated EPS of $-0.19, it is likely that the share price will drop.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100