PolyPid Q4 EPS $(3.97) Misses $(3.58) Estimate
Portfolio Pulse from Benzinga Newsdesk
PolyPid (NASDAQ:PYPD) reported a Q4 EPS loss of $(3.97), missing the consensus estimate of $(3.58) by 10.89%. However, this represents a 58.65% improvement over the previous year's loss of $(9.60) per share.
February 14, 2024 | 12:11 pm
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PolyPid reported a Q4 EPS loss of $(3.97), missing estimates but showing significant year-over-year improvement.
Missing the EPS estimate is likely to negatively impact investor sentiment in the short term, despite the year-over-year improvement. The significant miss may lead to a decrease in stock price as investors adjust their expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100