Exscientia Q4 GAAP EPS $(0.42) Misses $(0.35) Estimate, Sales $3.10M May Not Be Comparable To $17.05M Estimate
Portfolio Pulse from Benzinga Newsdesk
Exscientia reported a Q4 GAAP EPS of $(0.42), missing the $(0.35) estimate. Sales were $3.10M, which may not be directly comparable to the $17.05M estimate.
March 21, 2024 | 11:30 am
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NEGATIVE IMPACT
Exscientia's Q4 earnings report showed a miss on GAAP EPS and sales that may not be directly comparable to estimates.
Missing the EPS estimate and reporting significantly lower sales than expected could lead to negative investor sentiment in the short term. The note that sales may not be directly comparable to estimates suggests there might be underlying factors or changes in accounting that investors need to be aware of, potentially adding to the uncertainty.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100