Synlogic Q4 EPS $(1.71) Misses $(0.97) Estimate, Sales $2.77M Beat $2.73M Estimate
Portfolio Pulse from Benzinga Newsdesk
Synlogic (NASDAQ:SYBX) reported Q4 earnings with a loss of $(1.71) per share, missing the $(0.97) estimate by 76.29%, but showed improvement from last year's $(3.60) loss. Sales of $2.77M exceeded the $2.73M estimate, marking a significant increase from the previous year's $106K.
March 19, 2024 | 11:05 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Synlogic reported a larger-than-expected Q4 loss at $(1.71) per share but exceeded sales estimates with $2.77M, indicating significant year-over-year growth.
The missed EPS estimate could negatively impact investor sentiment in the short term, suggesting potential downward pressure on SYBX's stock price. However, the significant sales beat and year-over-year growth could offset some of the negative impact, leading to a neutral short-term outlook.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100