CORRECTION: Omeros Q4 EPS $(0.63) Misses $(0.55) Estimate
Portfolio Pulse from Benzinga Newsdesk
Omeros Corporation (NASDAQ:OMER) reported a Q4 EPS loss of $(0.63), missing the consensus estimate of $(0.55) by 14.55%. This represents a 13.7% improvement over the $(0.73) loss per share from the same quarter last year.
April 02, 2024 | 12:05 pm
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NEGATIVE IMPACT
Omeros Corporation reported a larger than expected Q4 EPS loss, missing analyst estimates but showing year-over-year improvement.
Missing the EPS estimate could lead to negative investor sentiment in the short term, potentially causing a decrease in stock price. However, the year-over-year improvement might mitigate some negative impact.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100