Sera Prognostics: Q3 Earnings Insights
Portfolio Pulse from Benzinga Insights
Sera Prognostics (NASDAQ:SERA) reported its Q3 earnings results, beating estimated earnings by 32.35% with an EPS of $-0.23 versus an estimate of $-0.34. However, revenue was down $45 thousand from the same period last year. Last quarter, the company beat on EPS by $0.02, which was followed by a 3.17% increase in the share price the next day.
November 08, 2023 | 9:55 pm
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Sera Prognostics beat Q3 earnings estimates but reported a decrease in revenue. Past performance shows a positive correlation between earnings beat and share price increase.
Sera Prognostics beat the earnings estimate, which is generally a positive signal for the stock. However, the decrease in revenue might offset some of the positive sentiment. The company's past performance shows a positive correlation between earnings beat and share price increase, which could suggest a potential short-term positive impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100