Recap: Panbela Therapeutics Q4 Earnings
Portfolio Pulse from Benzinga Insights
Panbela Therapeutics (OTC:PBLA) reported Q4 earnings with an EPS of $-65.9, missing estimates by -171.0% and showing no revenue change from the previous year. Despite past earnings misses leading to share price increases, this significant miss could impact investor sentiment.
March 26, 2024 | 8:55 pm
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Panbela Therapeutics reported a significant miss in Q4 earnings with an EPS of $-65.9, far below the estimated $-24.34, and no revenue growth from the previous year.
The substantial miss in earnings estimates for Panbela Therapeutics, coupled with no revenue growth, is likely to negatively impact investor sentiment and the stock price in the short term. Historically, earnings misses have been followed by share price movements, and the magnitude of this miss could exacerbate the effect.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100