Evaxion Biotech Q4 EPS $(0.16) Beats $(1.60) Estimate, Sales $73.00K
Portfolio Pulse from Benzinga Newsdesk
Evaxion Biotech (NASDAQ:EVAX) reported a Q4 EPS of $(0.16), surpassing the $(1.60) estimate, marking a 90% beat and a 94.48% improvement from last year's $(2.90) per share loss. Sales reached $73.00K.
March 27, 2024 | 11:34 am
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Evaxion Biotech reported a Q4 EPS of $(0.16), beating estimates by 90% and improving significantly from last year's $(2.90) loss. Sales were $73.00K.
Evaxion Biotech's significant beat on EPS estimates and the marked improvement from the previous year's loss are strong indicators of financial health and operational efficiency improvements. This performance, especially in the context of surpassing analyst expectations by a wide margin, is likely to instill investor confidence and could lead to a positive short-term impact on the stock price. The reported sales, although modest, contribute to this positive outlook by demonstrating the company's ability to generate revenue.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100