Sera Prognostics: Q4 Earnings Insights
Portfolio Pulse from Benzinga Insights
Sera Prognostics (NASDAQ:SERA) reported Q4 earnings with an EPS of $-0.25, beating estimates by 4.0% but with a revenue decrease of $24 thousand from the previous year. Despite beating EPS estimates in the past quarters, such performance was followed by a share price drop the next day.
March 20, 2024 | 8:10 pm
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Sera Prognostics reported a Q4 EPS of $-0.25, surpassing estimates by 4%, but saw a revenue decrease from the previous year. Historical data shows past earnings beats were followed by share price declines.
SERA's Q4 earnings beat may initially seem positive, but the decrease in revenue and historical context of share price drops following earnings beats suggest a potential short-term negative impact on the stock price.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100