A Preview Of Societal CDMO's Earnings
Portfolio Pulse from Benzinga Insights
Societal CDMO (NASDAQ:SCTL) is set to release its latest quarterly earnings report on August 14, 2023. Analysts estimate an earnings per share (EPS) of $-0.03. The company's past performance shows a trend of missing EPS estimates and subsequent drops in share price. The stock is currently trading at $0.7733, down 42.3% over the last 52-week period.
August 11, 2023 | 5:02 pm
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Societal CDMO's upcoming earnings report is expected to show an EPS of $-0.03. The company's stock has been on a downward trend, down 42.3% over the last year.
The company has a history of missing EPS estimates, which has typically resulted in a drop in share price. Given the negative trend in the stock's performance over the past year, it is likely that the upcoming earnings report could further negatively impact the stock price, especially if the company fails to meet the EPS estimate or provide positive guidance for the next quarter.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100