Annovis Bio Q2 EPS $(1.07) Beats $(1.14) Estimate
Portfolio Pulse from Benzinga Newsdesk
Annovis Bio reported Q2 losses of $(1.07) per share, beating the analyst consensus estimate of $(1.14) by 6.14 percent. However, this is a 46.58 percent increase in losses compared to the same period last year.
August 15, 2023 | 11:25 am
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NEUTRAL IMPACT
Annovis Bio's Q2 losses were less than expected, but increased significantly YoY. This mixed result may lead to uncertain market reactions.
Annovis Bio's Q2 earnings beat estimates, which is generally positive for the stock. However, the significant increase in losses compared to the same period last year is a negative factor. These mixed results may lead to uncertain market reactions in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100