Allakos Q4 EPS $(0.71) Misses $(0.47) Estimate
Portfolio Pulse from Happy Mohamed
Allakos (NASDAQ:ALLK) reported Q4 earnings with losses of $(0.71) per share, missing the consensus estimate of $(0.47) by 51.06%. This represents a 42% increase in losses compared to the same period last year.
March 14, 2024 | 8:05 pm
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NEGATIVE IMPACT
Allakos reported a significant miss in Q4 earnings, with losses per share increasing both sequentially and year-over-year.
The significant miss in earnings and the increase in losses compared to both the analyst estimates and the previous year's results are likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100