Recap: Trevena Q4 Earnings
Portfolio Pulse from Benzinga Insights
Trevena (NASDAQ:TRVN) reported Q4 earnings with an EPS of $-1.06, missing estimates by -179.0% and a revenue decrease of $81 thousand from the previous year. Despite past earnings misses, the share price increased by 0.0% the day after last quarter's earnings were announced.
April 01, 2024 | 1:40 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Trevena reported a significant miss in Q4 earnings with an EPS of $-1.06, underperforming against estimates by -179%, and a year-over-year revenue decrease.
The significant miss in both EPS and revenue for Trevena indicates a potential negative short-term impact on its stock price. Historically, earnings misses can lead to decreased investor confidence and sell-offs, although the previous quarter's performance showed stability in the share price post-earnings announcement.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100