Societal CDMO's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Societal CDMO (NASDAQ:SCTL) is set to release its latest quarterly earnings report on August 9, 2023. Analysts estimate an earnings per share (EPS) of $-0.03. The company's past performance shows a trend of missing EPS estimates and subsequent share price drops. The stock is currently trading at $0.8675, down 17.5% over the last 52-week period.
August 08, 2023 | 5:01 pm
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Societal CDMO's upcoming earnings report could potentially impact its stock price. The company has a history of missing EPS estimates, which has previously led to share price drops.
Societal CDMO has a history of missing EPS estimates, which has previously led to share price drops. Given this trend and the current analyst estimate of an EPS of $-0.03, there is a potential for a negative impact on the stock price following the earnings report.
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