Cerus's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Cerus (NASDAQ:CERS) is scheduled to release its quarterly earnings report on March 5, 2024, with analysts expecting an EPS of $-0.02. The company's past earnings performance shows a mixed impact on its stock price, with the last quarter's beat resulting in an 8.81% increase. Shares are currently trading at $2.18, down 25.81% over the last year. Investors are looking for positive guidance for the next quarter.
March 04, 2024 | 3:02 pm
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Cerus is expected to report an EPS of $-0.02 for the upcoming earnings, with a focus on future guidance. The stock has seen significant volatility post-earnings in the past, with a 25.81% decline over the last year.
Given Cerus's history of mixed earnings impacts and the current anticipation around its guidance for future growth, the short-term impact on its stock price is uncertain. The focus on guidance rather than just beating or missing estimates suggests that investor reactions could vary based on the outlook provided.
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IMPORTANCE 90
RELEVANCE 100