Brainstorm Cell: Q3 Earnings Insights
Portfolio Pulse from Benzinga Insights
Brainstorm Cell (NASDAQ:BCLI) reported Q3 earnings with an EPS of $-0.03, surpassing the estimate of $-0.14 by 78.57%. However, revenue was the same as the previous year's same quarter. Despite beating last quarter's EPS estimates, the share price fell by 6.59% the following day.
November 14, 2023 | 12:10 pm
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Brainstorm Cell reported better-than-expected Q3 earnings with an EPS of $-0.03, beating the estimate by 78.57%, but with no revenue growth from last year.
While Brainstorm Cell's earnings beat may be seen as positive, the lack of revenue growth and the historical stock price drop following the last earnings beat suggest a neutral short-term impact on the stock price.
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IMPORTANCE 75
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