Bio-Path Holdings Q3 EPS $(0.32) Beats $(0.34) Estimate
Portfolio Pulse from Benzinga Newsdesk
Bio-Path Holdings (NASDAQ:BPTH) reported a Q3 EPS loss of $(0.32), surpassing the consensus estimate of $(0.34) by 5.88%. The reported loss shows a significant improvement of 34.69% over the $(0.49) per share loss from the same quarter last year.
November 15, 2023 | 12:02 pm
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Bio-Path Holdings reported a smaller-than-expected loss per share for Q3, indicating an improvement in financial performance compared to the same period last year.
Beating EPS estimates typically generates positive sentiment among investors, which can lead to a short-term increase in stock price. The improvement over the previous year's loss further strengthens the positive outlook for the company's financial health.
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