Earnings Preview: Longeveron
Portfolio Pulse from Benzinga Insights
Longeveron (NASDAQ:LGVN) is set to release its quarterly earnings report on November 10, 2023. Analysts estimate an earnings per share (EPS) of $-0.22. The company's past performance shows a trend of missing EPS estimates, which has led to share price drops. Longeveron's shares were trading at $1.97 as of November 07, and over the last 52-week period, shares are down 49.62%.
November 09, 2023 | 2:01 pm
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Longeveron's upcoming earnings report could impact its stock price. The company has a history of missing EPS estimates, which has previously led to share price drops. Over the last 52-week period, shares are down 49.62%.
Longeveron's stock price has historically been affected by its earnings reports, particularly when the company misses EPS estimates. Given the company's past performance and the current estimate for this quarter's EPS, there is a high likelihood that the stock price could be negatively impacted following the earnings report.
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IMPORTANCE 80
RELEVANCE 100