Glaukos Q4 Adj EPS $(0.63) Misses $(0.55) Estimate, Sales $82.36M Beat $78.69M Estimate
Portfolio Pulse from Benzinga Newsdesk
Glaukos reported Q4 adjusted EPS of $(0.63), missing the $(0.55) estimate, but sales of $82.36M exceeded the $78.69M forecast. This represents an 18.87% decrease in EPS and a 15.64% increase in sales year-over-year.
February 21, 2024 | 9:07 pm
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NEUTRAL IMPACT
Glaukos reported a larger than expected quarterly loss but exceeded sales forecasts, indicating mixed financial health.
The missed EPS estimate could negatively impact investor sentiment, while the sales beat might offset some of the negative impact. The mixed results make the short-term stock price direction uncertain, hence a neutral score.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100