Marinus Pharma's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Marinus Pharma (NASDAQ:MRNS) is expected to report a Q4 earnings per share (EPS) of $-0.62 on March 5, 2024. Analysts and investors are looking for an earnings beat and positive guidance for the next quarter. Historically, Marinus Pharma's share price has reacted to both its earnings performance and the guidance provided. Last quarter, the company beat the EPS estimate by $0.05, leading to a 5.91% increase in share price the following day. Over the last year, MRNS shares have risen by 38.14%, with the stock trading at $9.92 as of March 1.
March 04, 2024 | 4:02 pm
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Marinus Pharma is anticipated to report a Q4 EPS of -$0.62, with investors keen on an earnings beat and positive future guidance. Historically, the company's share price has been sensitive to earnings performance and guidance. Last quarter's beat resulted in a 5.91% share price increase. Over the past year, MRNS shares have appreciated by 38.14%, with the current price at $9.92.
Given Marinus Pharma's history of share price increases following earnings beats and positive guidance, there is a strong likelihood of a positive short-term impact on MRNS shares if the company reports favorable results and outlook. The historical data provided shows a clear correlation between earnings performance, guidance, and stock price movement. Additionally, the overall positive trend in the stock's performance over the past year further supports the potential for continued upward movement.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100