OpGen Q2 EPS $(0.93) Misses $(0.71) Estimate
Portfolio Pulse from Benzinga Newsdesk
OpGen reported Q2 losses of $(0.93) per share, missing the analyst consensus estimate of $(0.71) by 30.99 percent. This is a 64.23 percent increase over losses of $(2.60) per share from the same period last year.
August 10, 2023 | 8:59 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
OpGen's Q2 earnings missed analyst estimates by 30.99%, reporting losses of $(0.93) per share. However, this is a 64.23% improvement over the same period last year.
OpGen's Q2 earnings missed analyst estimates, which is typically a negative signal to the market and could lead to a short-term decrease in stock price. However, the year-over-year improvement might mitigate some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100