Earnings Preview: Longeveron
Portfolio Pulse from Benzinga Insights
Longeveron (NASDAQ:LGVN) is set to release its latest quarterly earnings report on Friday, 2023-08-11. Analysts estimate an EPS of $-0.25. The company's past performance shows a trend of missing EPS estimates and subsequent share price drops. The stock is currently trading at $3.24, down 46.22% over the last 52-week period.
August 10, 2023 | 3:01 pm
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NEGATIVE IMPACT
Longeveron's upcoming earnings report could impact its stock price. The company has a history of missing EPS estimates, which has led to share price drops. The stock is currently down 46.22% over the last 52 weeks.
Longeveron's stock price has been negatively impacted in the past by missing EPS estimates. Given the company's history and the current bearish sentiment, it's likely that a miss on the upcoming earnings report could lead to a further decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100