Kodiak Sciences Q3 EPS $(0.95) Beats $(1.21) Estimate
Portfolio Pulse from Benzinga Newsdesk
Kodiak Sciences (NASDAQ:KOD) reported a Q3 EPS loss of $(0.95), surpassing the consensus estimate of $(1.21) by 21.49%. This represents a 35.37% improvement from the $(1.47) per share loss in the same quarter last year.
November 14, 2023 | 9:30 pm
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Kodiak Sciences reported a smaller-than-expected loss per share for Q3, which is a positive sign compared to last year's performance.
Beating EPS estimates typically generates positive sentiment among investors, suggesting a potential short-term increase in stock price. The improvement from the previous year's loss further strengthens investor confidence in the company's financial performance.
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