Biomea Fusion Q3 EPS $(0.80) Beats $(0.82) Estimate
Portfolio Pulse from Benzinga Newsdesk
Biomea Fusion (NASDAQ:BMEA) reported Q3 losses of $(0.80) per share, beating the analyst consensus estimate of $(0.82) by 2.44 percent. However, this represents a 2.56 percent increase in losses compared to the same period last year.
October 30, 2023 | 8:44 pm
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Biomea Fusion's Q3 earnings beat estimates but showed an increase in losses YoY. This mixed result could lead to uncertain market reactions.
While Biomea Fusion beat the analyst consensus estimate, the increase in losses compared to the same period last year could be a concern for investors. This mixed result could lead to uncertain market reactions in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100