InflaRx Q2 EPS $(0.14) Beats $(0.34) Estimate
Portfolio Pulse from Benzinga Newsdesk
InflaRx reported Q2 losses of $(0.14) per share, beating the analyst consensus estimate of $(0.34) by 58.82 percent. This represents a 1500 percent decrease over earnings of $0.01 per share from the same period last year.
August 10, 2023 | 12:59 pm
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NEUTRAL IMPACT
InflaRx's Q2 earnings beat analyst estimates by 58.82%, but represent a significant decrease from the same period last year.
While InflaRx's Q2 earnings beat analyst estimates, the significant decrease from the same period last year could have a mixed impact on the stock. Investors may be encouraged by the beat, but concerned about the year-over-year decrease.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100