Rapid Micro Biosystems's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Rapid Micro Biosystems (NASDAQ:RPID) is set to release its quarterly earnings report on November 3, 2023. Analysts estimate an EPS of $-0.31. The company's past performance shows a pattern of beating EPS estimates but experiencing a drop in share price. The stock is currently trading at $1.0, down 60.8% over the last 52-week period.
November 02, 2023 | 6:02 pm
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Rapid Micro Biosystems is expected to report an EPS of $-0.31. Despite past EPS beats, the company's share price has typically dropped. The stock is currently down 60.8% over the last 52 weeks.
The company has a history of beating EPS estimates but this has not translated into a rise in share price. Given the current trading price and the negative returns over the past year, it is likely that the upcoming earnings report could further negatively impact the stock price.
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IMPORTANCE 80
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