Atreca Q2 EPS $(0.49) Beats $(0.57) Estimate
Portfolio Pulse from Benzinga Newsdesk
Atreca (NASDAQ:BCEL) reported Q2 losses of $(0.49) per share, beating the analyst consensus estimate of $(0.57) by 14.04 percent. This represents a 31.94 percent increase over losses of $(0.72) per share from the same period last year.
August 10, 2023 | 9:14 pm
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POSITIVE IMPACT
Atreca's Q2 losses were less than expected, which could be seen as a positive sign by investors.
Atreca's Q2 losses were less than what analysts had predicted. This beat in earnings could be seen as a positive sign by investors, potentially leading to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100