Beyond Air Q1 EPS $(0.45) Beats $(0.47) Estimate
Portfolio Pulse from Benzinga Newsdesk
Beyond Air (NASDAQ:XAIR) reported Q1 losses of $(0.45) per share, beating the analyst consensus estimate of $(0.47) by 4.26%. However, this represents a 21.62% decrease over losses from the same period last year.
August 10, 2023 | 8:07 pm
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Beyond Air's Q1 losses were less than expected but worse than last year, which could have mixed effects on the stock.
Beyond Air's Q1 losses were less than analysts' estimates, which could be seen as a positive sign and potentially boost the stock. However, the fact that the losses are worse than the same period last year could offset this positive impact and lead to a neutral or negative reaction from investors.
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