Scholar Rock Holding Q3 2023 EPS $(0.53) Misses $(0.52) Estimate
Portfolio Pulse from vinayak@benzinga.com
Scholar Rock Holding (NASDAQ:SRRK) reported Q3 2023 losses of $(0.53) per share, missing the analyst consensus estimate of $(0.52) by 1.92 percent. This is a 3.64 percent increase over losses of $(0.55) per share from the same period last year.
November 07, 2023 | 12:25 pm
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NEGATIVE IMPACT
Scholar Rock's Q3 2023 earnings per share of $(0.53) missed the analyst consensus estimate of $(0.52) by 1.92 percent. However, this is a 3.64 percent increase over losses from the same period last year.
Scholar Rock's earnings per share for Q3 2023 missed the analyst consensus estimate, which could negatively impact investor sentiment and potentially lead to a short-term decrease in the stock price. However, the year-over-year improvement in losses might mitigate this impact to some extent.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100