Biofrontera's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Biofrontera (NASDAQ:BFRI) is expected to report a Q4 EPS of $-1.19 on March 15, 2024. Previous quarters show a pattern of not meeting EPS estimates, leading to negative stock price reactions. Shares are currently trading at $1.63, down 86.85% over the last year. Investors are looking for positive guidance beyond the earnings beat or miss.

March 14, 2024 | 3:01 pm
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Biofrontera is anticipated to report a Q4 EPS of $-1.19, with a history of not meeting EPS estimates. Shares have significantly declined over the past year.
Given Biofrontera's history of not meeting EPS estimates and the subsequent negative reactions in its stock price, it's likely that the upcoming earnings report could have a similar negative impact, especially if the company fails to meet or exceed the EPS estimate again. The significant year-to-date decline in share price further emphasizes the stock's sensitivity to earnings reports and guidance.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100