Geovax Labs: Q3 Earnings Insights
Portfolio Pulse from Benzinga Insights
Geovax Labs (NASDAQ:GOVX) reported its Q3 earnings, missing estimated earnings by 33.33% with an EPS of $-0.32 versus an estimate of $-0.24. Revenue was down $0 from the same period last year. Last quarter, the company also missed on EPS which was followed by a 0.77% drop in the share price.
November 08, 2023 | 9:10 pm
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Geovax Labs' Q3 earnings miss could negatively impact its stock price in the short term.
Geovax Labs reported lower than expected earnings for Q3, which is typically a negative signal for investors and can lead to a decrease in the stock price. This is further supported by the fact that the company's stock price dropped by 0.77% the day after it missed earnings last quarter.
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