Verastem Q4 2023 Adj EPS $(1.10) Misses $(0.62) Estimate
Portfolio Pulse from Benzinga Newsdesk
Verastem (NASDAQ:VSTM) reported a Q4 2023 adjusted EPS loss of $(1.10), missing the consensus estimate of $(0.62) by 77.42%.
March 14, 2024 | 8:17 pm
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NEGATIVE IMPACT
Verastem reported a Q4 2023 adjusted EPS loss of $(1.10), missing the consensus estimate of $(0.62) by 77.42%.
Missing the consensus estimate by a wide margin of 77.42% indicates a significant underperformance by Verastem, likely leading to negative investor sentiment and a potential short-term decrease in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100