Earnings Preview For Longeveron
Portfolio Pulse from Benzinga Insights
Longeveron (NASDAQ:LGVN) is scheduled to release its quarterly earnings report on February 27, 2024, with an expected EPS of $-0.21. Analysts and investors are looking for an earnings beat and positive guidance for the next quarter. Historical performance shows a mixed reaction to past earnings reports, with share prices fluctuating based on actual EPS versus estimates. Currently, shares are trading at $0.518, down 85.06% over the last year, indicating a bearish sentiment among long-term shareholders.
February 26, 2024 | 9:00 pm
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Longeveron is expected to report an EPS of $-0.21 for the upcoming quarter. Historical data shows mixed stock price reactions to earnings reports. Shares have significantly declined over the past year, indicating bearish sentiment.
The expected EPS of $-0.21 and historical performance suggest a cautious outlook for LGVN. While an earnings beat could positively impact the stock, the significant yearly decline and past reactions to earnings reports indicate a potentially mixed short-term impact. The focus will be on the actual EPS and future guidance provided by the company.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100