Veru Q3 EPS $0.07 Beats $(0.20) Estimate, Sales $3.34M Miss $10.22M Estimate
Portfolio Pulse from Benzinga Newsdesk
Veru (NASDAQ:VERU) reported Q3 earnings of $0.07 per share, beating the analyst consensus estimate of $(0.20) by 135 percent. However, the company's quarterly sales of $3.34 million missed the analyst consensus estimate of $10.22 million by 67.31 percent.
August 10, 2023 | 10:31 am
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Veru's Q3 earnings exceeded expectations but sales fell short of estimates.
Veru's earnings beat the estimate, which is a positive signal for investors. However, the company's sales missed the estimate, which could negatively impact the stock. The mixed results make the short-term impact on the stock uncertain.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100