Recap: Elevation Oncology Q4 Earnings
Portfolio Pulse from Benzinga Insights
Elevation Oncology (NASDAQ:ELEV) reported Q4 earnings, beating estimates with an EPS of $-0.19 against an expected $-0.23. However, revenue remained unchanged from the previous year. The company had previously seen a 1.0% share price increase following last quarter's earnings beat.
March 06, 2024 | 2:00 pm
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Elevation Oncology reported a Q4 earnings beat with an EPS of $-0.19, surpassing the estimated $-0.23, but with no change in revenue from the previous year.
Elevation Oncology's earnings beat is likely to positively impact investor sentiment in the short term, as historical data shows a share price increase following last quarter's earnings beat. However, the unchanged revenue could temper some of the positive momentum.
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