Arcellx Q2 EPS $(0.50) Misses $(0.31) Estimate, Sales $14.30M Miss $40.55M Estimate
Portfolio Pulse from Benzinga Newsdesk
Arcellx (NASDAQ:ACLX) reported Q2 losses of $(0.50) per share, missing the analyst consensus estimate of $(0.31) by 61.29%. The company also reported quarterly sales of $14.30 million, missing the analyst consensus estimate of $40.55 million by 64.73%.
August 14, 2023 | 8:38 pm
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NEGATIVE IMPACT
Arcellx's Q2 earnings and sales missed analyst estimates, which could negatively impact the stock price in the short term.
Arcellx's Q2 earnings and sales fell short of analyst estimates, which is typically seen as a negative signal by the market and could lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100