A Preview Of TRACON Pharma's Earnings
Portfolio Pulse from Benzinga Insights
TRACON Pharma (NASDAQ:TCON) is scheduled to release its quarterly earnings report on March 5, 2024, with an expected EPS of $-0.08. Investors are hopeful for a beat on this estimate and positive guidance for future growth. TRACON's past performance shows a mix of earnings beats and misses, with significant stock price fluctuations following each report. Currently, shares are trading at $0.188, marking an 87.37% decline over the last year, indicating long-term shareholder dissatisfaction.
March 04, 2024 | 6:03 pm
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TRACON Pharma is expected to report an EPS of $-0.08 for the upcoming quarter. The company's stock has significantly declined by 87.37% over the past year, indicating potential volatility around the earnings release.
Given TRACON Pharma's past performance, with a mix of earnings beats and misses leading to significant stock price changes, the upcoming earnings report could introduce volatility. However, the expectation of an EPS of $-0.08, combined with the historical context of stock performance post-earnings, suggests a cautious outlook. The significant year-over-year decline in stock price further emphasizes the importance of this earnings report for investor sentiment.
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IMPORTANCE 90
RELEVANCE 100