On Wednesday February 28, 2024, Merus Reported Q4 Adjusted. EPS $(1.09) Misses $(0.74) Estimate, Sales $8.94M Miss $10.13M Estimate
Portfolio Pulse from Happy Mohamed
Merus (NASDAQ:MRUS) reported Q4 adjusted EPS of $(1.09), missing the $(0.74) estimate, and sales of $8.94M, missing the $10.13M estimate. This represents a 39.78% increase in losses per share and a 16.19% decrease in sales from the same period last year.
February 29, 2024 | 8:26 pm
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NEGATIVE IMPACT
Merus reported a significant miss in both EPS and sales for Q4, with a 39.78% increase in losses per share and a 16.19% decrease in sales compared to last year.
The significant miss in both EPS and sales for Q4 indicates underperformance compared to market expectations, which is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100