Geovax Labs: Q4 Earnings Insights
Portfolio Pulse from Benzinga Insights
Geovax Labs (NASDAQ:GOVX) reported Q4 earnings with an EPS of $-3.94, missing estimates by -42.0% and showing no revenue change from the previous year. The company had previously missed EPS estimates last quarter, resulting in a 2.0% share price drop the following day.
February 29, 2024 | 9:10 pm
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Geovax Labs reported a significant miss in Q4 earnings with an EPS of $-3.94, underperforming against estimates by 42%, and showed no revenue growth from the previous year.
The significant miss in earnings estimates and the lack of revenue growth are likely to negatively impact investor sentiment and could lead to a decrease in stock price, similar to the previous quarter's earnings miss which resulted in a 2.0% drop in share price the following day.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100