Gossamer Bio Q2 EPS $(0.45) Beats $(0.50) Estimate
Portfolio Pulse from Benzinga Newsdesk
Gossamer Bio reported Q2 losses of $0.45 per share, beating the analyst consensus estimate of $0.50 by 10%. This is a 39.19% increase over losses of $0.74 per share from the same period last year.
August 08, 2023 | 9:06 pm
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Gossamer Bio's Q2 earnings beat analyst estimates by 10%, showing a 39.19% improvement from last year's losses.
Gossamer Bio's Q2 earnings beat analyst estimates, which is generally seen as a positive sign by investors. This could lead to an increase in the stock price in the short term. The 39.19% improvement from last year's losses also shows that the company's financial situation is improving, which could further boost investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100