Earnings Outlook For GlycoMimetics
Portfolio Pulse from Benzinga Insights
GlycoMimetics (NASDAQ:GLYC) is scheduled to release its quarterly earnings report on March 27, 2024, with an expected EPS of $-0.15. Historical data shows mixed reactions to past earnings results, with the last quarter's miss leading to no change in stock price. Over the last year, GLYC shares have increased by 120.47%, indicating a positive trend. Investors are keen on both the earnings outcome and the company's future guidance.
March 26, 2024 | 4:00 pm
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GlycoMimetics is expected to report an EPS of $-0.15 for the upcoming quarter. Historical performance shows variable stock price reactions to earnings results. With a significant annual gain, investor focus will be on earnings accuracy and forward guidance.
Given GLYC's past performance, the upcoming earnings report and particularly the guidance for future quarters will be crucial for investors. The historical data shows that the company's stock price can react variably to earnings results. However, with a strong annual performance, investors might remain optimistic unless the earnings report significantly deviates from expectations.
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