MoonLake Q1 EPS $(0.22) Misses $(0.20) Estimate
Portfolio Pulse from Benzinga Newsdesk
MoonLake (NASDAQ:MLTX) reported Q1 EPS of $(0.22), missing the $(0.20) estimate by 10%, but marking a 4.35% improvement over last year's $(0.23) per share loss.

May 07, 2024 | 12:09 pm
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MoonLake reported a Q1 EPS loss of $(0.22), missing estimates by 10% but improved from last year's $(0.23) loss.
Missing the earnings estimate typically has a negative short-term impact on a company's stock price. However, the improvement over last year's loss may mitigate some negative perceptions. The score reflects the immediate negative reaction to missing estimates, tempered by the year-over-year improvement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100