Compass Pathways Q4 EPS $(0.53) Misses $(0.33) Estimate
Portfolio Pulse from Benzinga Newsdesk
Compass Pathways (NASDAQ:CMPS) reported a Q4 EPS loss of $(0.53), missing the consensus estimate of $(0.33) by 60.61%. This represents a 27.4% improvement over the $(0.73) per share loss from the same quarter last year.
February 29, 2024 | 12:04 pm
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Compass Pathways reported a larger than expected Q4 loss per share of $(0.53), missing the $(0.33) estimate but showing improvement from last year's $(0.73) loss.
The reported earnings miss is likely to negatively impact investor sentiment in the short term, as the loss was significantly larger than expected. However, the year-over-year improvement in losses may provide some mitigating context.
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