Brainstorm Cell Q3 EPS $(0.03) Beats $(0.14) Estimate
Portfolio Pulse from Benzinga Newsdesk
Brainstorm Cell (NASDAQ:BCLI) reported a Q3 EPS loss of $(0.03), significantly beating the $(0.14) loss per share estimated by analysts. This represents an 84.21% improvement from the $(0.19) loss per share reported in the same quarter of the previous year.
November 14, 2023 | 12:41 pm
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POSITIVE IMPACT
Brainstorm Cell reported a smaller-than-expected Q3 loss per share of $(0.03), beating the consensus estimate of $(0.14) and improving from last year's $(0.19) loss per share.
The significant beat on earnings per share estimates and the year-over-year improvement in Brainstorm Cell's financial performance are likely to be viewed positively by investors. This could lead to increased investor confidence and a potential short-term uptick in BCLI's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100