Check-Cap Q3 EPS $(0.44) Misses $(0.29) Estimate
Portfolio Pulse from Benzinga Newsdesk
Check-Cap Ltd. (NASDAQ:CHEK) reported a Q3 EPS loss of $(0.44), which is significantly below the $(0.29) analyst consensus estimate, marking a 51.72% miss and a substantial decrease from the $(0.04) per share loss reported in the same quarter last year.
November 27, 2023 | 1:07 pm
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Check-Cap Ltd. reported a larger than expected quarterly loss, missing analyst estimates by 51.72% and showing a significant year-over-year decline in earnings.
The reported EPS miss is substantial and indicates a significant underperformance compared to both analyst expectations and last year's results. This is likely to negatively impact investor sentiment and could lead to a short-term decline in CHEK's stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100