Sol-Gel Technologies: Q4 Earnings Insights
Portfolio Pulse from Benzinga Insights
Sol-Gel Technologies (NASDAQ:SLGL) reported Q4 earnings with an EPS of $-0.17, matching estimates, and a revenue increase of $347 thousand from the previous year. Despite meeting EPS estimates, past performance shows a 7% drop in share price following last quarter's earnings beat.
March 13, 2024 | 1:40 pm
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NEUTRAL IMPACT
Sol-Gel Technologies reported Q4 earnings with an EPS of $-0.17, in line with estimates, and a revenue increase from the previous year. Historical data indicates a potential volatility in share price post-earnings.
Sol-Gel Technologies met its estimated earnings per share, indicating a stable financial performance. However, based on past performance where the company's share price dropped 7% following an earnings beat, there might be short-term volatility in the stock price. The exact impact is uncertain due to the match with EPS estimates, hence a neutral score is assigned.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100