Geovax Labs Q4 2023 GAAP EPS $(3.940) Misses $(2.780) Estimate
Portfolio Pulse from Benzinga Newsdesk
Geovax Labs reported a Q4 2023 GAAP EPS loss of $(3.940), missing the consensus estimate of $(2.780) by 41.73%.
February 29, 2024 | 9:08 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Geovax Labs reported a larger than expected Q4 2023 loss per share of $(3.940), missing the consensus estimate by 41.73%.
The significant miss in earnings per share (EPS) for Q4 2023 suggests that Geovax Labs' financial performance was worse than what analysts expected. This could lead to negative investor sentiment in the short term, potentially causing the stock price to drop as investors adjust their expectations based on the new earnings information.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100