Agenus Q3 EPS $(0.16) Beats $(0.19) Estimate, Sales $24.31M Miss $24.33M Estimate
Portfolio Pulse from Benzinga Newsdesk
Agenus reported Q3 earnings per share of $(0.16), beating the estimate of $(0.19) by 15.79%. However, the company's sales of $24.31M missed the estimate of $24.33M by 0.07%. This represents a 6.77% increase in sales compared to the same period last year.
November 07, 2023 | 11:38 am
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NEUTRAL IMPACT
Agenus' Q3 earnings beat estimates but sales slightly missed. This mixed report may lead to uncertain short-term price movement.
Agenus reported better than expected earnings per share, which is generally positive for the stock. However, the company missed sales estimates, which could offset the positive impact of the earnings beat. This mixed report may lead to uncertain short-term price movement.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100