Ocugen Q2 EPS $(0.10) Misses $(0.07) Estimate
Portfolio Pulse from Benzinga Newsdesk
Ocugen (NASDAQ:OCGN) reported Q2 losses of $(0.10) per share, missing the analyst consensus estimate of $(0.07) by 42.86 percent. This represents an 11.11 percent increase in losses compared to the same period last year.
August 21, 2023 | 8:34 pm
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NEGATIVE IMPACT
Ocugen's Q2 earnings per share missed analyst estimates by a significant margin, indicating potential financial instability.
Ocugen's Q2 earnings per share missed analyst estimates by a significant margin. This could indicate potential financial instability, which may negatively impact investor sentiment and drive the stock price down in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100