Liquidia FY GAAP EPS $(1.21) Misses $(1.02) Estimate, Sales $17.49M Miss $17.69M Estimate
Portfolio Pulse from Benzinga Newsdesk
Liquidia (NASDAQ:LQDA) reported a FY GAAP EPS of $(1.21), missing the $(1.02) estimate, and sales of $17.49M, missing the $17.69M estimate. This represents an 80.6% decrease in EPS and a 9.75% increase in sales from the same period last year.
March 13, 2024 | 10:06 am
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Liquidia reported a significant miss in FY GAAP EPS and slight miss in sales, with an 80.6% decrease in EPS and a 9.75% increase in sales year-over-year.
The significant miss in EPS and slight miss in sales compared to analyst estimates, coupled with a substantial year-over-year decrease in EPS, is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100