Surrozen Q3 EPS $(0.34) Misses $(0.29) Estimate
Portfolio Pulse from Benzinga Newsdesk
Surrozen (NASDAQ:SRZN) reported Q3 losses of $(0.34) per share, missing the analyst consensus estimate of $(0.29) by 17.24 percent. However, this is a 10.53 percent improvement over losses of $(0.38) per share from the same period last year.
November 08, 2023 | 10:09 pm
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NEGATIVE IMPACT
Surrozen's Q3 earnings per share of $(0.34) missed the analyst consensus estimate by 17.24%, but improved by 10.53% compared to the same period last year.
Surrozen's Q3 earnings per share 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 might mitigate this impact to some extent.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100