Anebulo Pharmaceuticals Q2 EPS $(0.11) Misses $(0.10) Estimate
Portfolio Pulse from Happy Mohamed
Anebulo Pharmaceuticals (NASDAQ:ANEB) reported Q2 EPS of $(0.11), missing the consensus estimate of $(0.10) by 10%. This represents a 26.67% improvement over the $(0.15) per share loss from the same quarter last year.
February 13, 2024 | 9:44 pm
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Anebulo Pharmaceuticals reported a Q2 EPS of $(0.11), missing estimates by 10% but improved 26.67% YOY.
Missing the EPS estimate could lead to short-term negative sentiment among investors, despite the year-over-year improvement. The miss, although slight, may cause concern about the company's ability to meet expectations, potentially impacting its stock price negatively in the short term.
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IMPORTANCE 80
RELEVANCE 100