CureVac Q3 Sales $17.96M Miss $18.00M Estimate, Pre-tax Loss Was $(53.0)M
Portfolio Pulse from Benzinga Newsdesk
CureVac (NASDAQ:CVAC) reported Q3 sales of $17.96 million, slightly missing the analyst consensus estimate of $18.00 million by 0.22%. The company also reported a pre-tax loss of $53.0 million for the quarter.

November 14, 2023 | 12:17 pm
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CureVac's Q3 revenue slightly missed estimates and the company reported a significant pre-tax loss, which may concern investors.
Missing sales estimates, even by a small margin, can negatively affect investor sentiment, especially when coupled with a substantial pre-tax loss. This could lead to a short-term negative impact on CureVac's stock price as the market digests the earnings report.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100