XOMA Q2 EPS $(0.59) Misses $(0.52) Estimate, Sales $1.66M Beat $800.00K Estimate
Portfolio Pulse from Benzinga Newsdesk
XOMA reported Q2 losses of $(0.59) per share, missing the analyst consensus estimate of $(0.52) by 13.46%. However, the company's quarterly sales of $1.66 million beat the analyst consensus estimate of $800.00 thousand by 107.25%.
August 08, 2023 | 11:38 am
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XOMA's Q2 earnings per share missed estimates, but sales exceeded expectations.
XOMA's Q2 earnings per share missed the analyst consensus estimate, which could negatively impact the stock. However, the company's sales exceeded expectations, which could offset the negative impact of the earnings miss.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100