XOMA FY GAAP EPS $(4.04) May Not Be Comparable To $(2.05) Estimate, Sales $4.76M Miss $6.50M Estimate
Portfolio Pulse from Benzinga Newsdesk
XOMA reported a FY GAAP EPS of $(4.04), missing the $(2.05) estimate by 97.07%, and a 104.04% decrease from last year's $(1.98). Sales were $4.76M, missing the $6.50M estimate by 26.80%, and down 21.06% from last year's $6.03M.
March 08, 2024 | 12:35 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
XOMA reported significantly lower earnings and sales than expected, with a GAAP EPS of $(4.04) and sales of $4.76M.
XOMA's reported earnings and sales significantly missed analyst estimates, indicating potential operational or market challenges. This substantial miss in both earnings per share and sales figures compared to analyst expectations and last year's performance is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100