Equillium Q3 EPS $(0.11) Beats $(0.21) Estimate, Sales $8.87M Beat $8.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
Equillium (NASDAQ:EQ) reported Q3 earnings per share of $(0.11), beating the analyst consensus estimate of $(0.21) by 47.62%. This is a 72.5% increase over losses from the same period last year. The company also reported quarterly sales of $8.87 million, beating the analyst consensus estimate of $8.00 million by 10.88%.
November 08, 2023 | 9:55 pm
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POSITIVE IMPACT
Equillium's Q3 earnings and sales beat analyst estimates, indicating a positive financial performance.
Equillium's Q3 earnings per share and sales both exceeded analyst estimates, which is typically a positive signal for the company's financial performance and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100