SeaStar Medical Holding Q3 EPS $(0.37) Misses $(0.25) Estimate
Portfolio Pulse from Benzinga Newsdesk
SeaStar Medical Holding reported a Q3 EPS loss of $(0.37), missing the consensus estimate of $(0.25) by 48%. This represents a significant increase in losses compared to the $(0.05) per share from the same quarter last year.
November 14, 2023 | 9:35 pm
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NEGATIVE IMPACT
SeaStar Medical Holding's Q3 EPS loss of $(0.37) was significantly worse than the estimated $(0.25), indicating a 640% increase in losses year-over-year.
The reported earnings significantly missed analyst expectations and showed a substantial increase in losses compared to the previous year, which is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100