NRx Pharmaceuticals Reports Prelim. Results; Sees FY24 EPS $(0.40)
Portfolio Pulse from Benzinga Newsdesk
NRx Pharmaceuticals has announced its preliminary results, projecting a fiscal year 2024 earnings per share (EPS) of $(0.40).
March 28, 2024 | 12:14 pm
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NEGATIVE IMPACT
NRx Pharmaceuticals projects a negative EPS of $(0.40) for FY24, suggesting potential financial challenges.
The projection of a negative EPS for FY24 by NRx Pharmaceuticals directly impacts its financial outlook, likely leading to negative investor sentiment in the short term. This forecast suggests that the company may face financial challenges, which could adversely affect its stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100