Longeveron Q3 EPS $(0.28) Misses $(0.22) Estimate, Sales $150.00K Miss $200.00K Estimate
Portfolio Pulse from Benzinga Newsdesk
Longeveron (NASDAQ:LGVN) reported Q3 losses of $(0.28) per share, missing the analyst consensus estimate of $(0.22) by 27.27 percent. This is a 12 percent decrease over losses from the same period last year. The company also reported quarterly sales of $150.00 thousand, missing the analyst consensus estimate of $200.00 thousand by 25.00 percent, a 43.40 percent decrease over sales from the same period last year.
November 10, 2023 | 12:31 pm
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Longeveron's Q3 earnings missed estimates, with losses of $(0.28) per share and sales of $150.00K, both lower than the same period last year.
Longeveron's Q3 earnings missed analyst estimates, with losses per share and sales both lower than the same period last year. This could negatively impact investor sentiment and potentially lead to a decrease in the company's stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100