Aquestive Therapeutics Q1 2024 GAAP EPS $(0.17) Misses $(0.07) Estimate, Sales $12.053M Miss $12.262M Estimate
Portfolio Pulse from Benzinga Newsdesk
Aquestive Therapeutics reported Q1 2024 GAAP EPS of $(0.17), missing estimates by 142.86% and marking a 254.55% decrease from the previous year. Sales were $12.053M, missing estimates by 1.71% but showing an 8.25% increase year-over-year.

May 07, 2024 | 9:48 pm
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Aquestive Therapeutics missed Q1 2024 EPS and sales estimates, with a significant decrease in earnings compared to last year but an increase in sales.
Missing both EPS and sales estimates indicates underperformance, which typically leads to negative investor sentiment and potentially a decrease in stock price in the short term. The significant decrease in earnings compared to the previous year further compounds the negative outlook, despite the slight increase in sales.
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IMPORTANCE 90
RELEVANCE 100