Allakos Q2 EPS $(0.41) Beats $(0.48) Estimate
Portfolio Pulse from Benzinga Newsdesk
Allakos (NASDAQ:ALLK) reported Q2 losses of $(0.41) per share, beating the analyst consensus estimate of $(0.48) by 14.58 percent. This represents a 54.44 percent increase over losses of $(0.90) per share from the same period last year.
August 09, 2023 | 8:51 pm
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POSITIVE IMPACT
Allakos reported better than expected Q2 losses, which could positively impact the stock in the short term.
Allakos reported a smaller loss than expected for Q2, which is generally seen as a positive sign by investors. This could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100