BioCardia's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
BioCardia (NASDAQ:BCDA) is set to release its quarterly earnings report on November 8, 2023. Analysts estimate an earnings per share (EPS) of $-0.12. The company's past performance shows a trend of missing EPS estimates, which has led to share price drops. The company's shares are currently trading at $0.405 and have seen a 78.11% decrease over the last 52-week period.
November 07, 2023 | 8:02 pm
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BioCardia's upcoming earnings report could potentially impact its stock price. The company has a history of missing EPS estimates, which has previously led to share price drops. Its shares have decreased by 78.11% over the last 52 weeks.
BioCardia's stock price has historically been affected by its earnings reports, particularly when it misses EPS estimates. Given that the company's shares have been on a downward trend, this upcoming earnings report could potentially lead to further decreases in its stock price.
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