Annexon Q4 EPS $(0.36) Beats $(0.48) Estimate
Portfolio Pulse from Happy Mohamed
Annexon (NASDAQ:ANNX) reported Q4 earnings with losses of $(0.36) per share, surpassing the analyst consensus estimate of $(0.48) by 25%. This represents a 25% improvement over the same period last year.
March 26, 2024 | 8:31 pm
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POSITIVE IMPACT
Annexon reported a smaller loss than expected in Q4, with a 25% improvement over the previous year.
Beating earnings estimates typically leads to positive investor sentiment and can result in a short-term increase in stock price. The 25% improvement over the previous year further strengthens the case for a positive outlook on ANNX.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100