Rezolute Q1 EPS $(0.28), Inline
Portfolio Pulse from Benzinga Newsdesk
Rezolute (NASDAQ:RZLT) reported Q1 EPS losses of $(0.28), which met analyst consensus estimates but marked a 47.37% increase in losses from $(0.19) per share in the same quarter last year.
November 13, 2023 | 10:32 pm
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Rezolute reported Q1 EPS losses of $(0.28), in line with estimates but a 47.37% increase in losses from the same period last year.
Meeting analyst estimates typically has a neutral effect on stock price, but the significant increase in losses year-over-year is likely to be viewed negatively by investors, potentially leading to a short-term decline in stock price.
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