Recap: XOMA Q4 Earnings
Portfolio Pulse from Benzinga Insights
XOMA (NASDAQ:XOMA) reported Q4 earnings with an EPS of $-1.87, significantly missing the estimate of $-0.36, a -419% deviation. Revenue increased by $314 thousand year-over-year. This follows a pattern of missed EPS estimates in previous quarters, with a notable 6.0% share price drop after last quarter's earnings miss.
March 08, 2024 | 12:40 pm
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NEGATIVE IMPACT
XOMA's Q4 earnings report showed a significant miss on EPS estimates and a slight increase in revenue. Historical data indicates a potential negative impact on share price following earnings misses.
XOMA's substantial miss on EPS estimates and the historical trend of share price drops following earnings misses suggest a likely negative short-term impact on its stock price. The consistent pattern of not meeting EPS expectations over recent quarters further supports this analysis.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100