Kamada Q1 2024 GAAP EPS $0.04 Misses $0.06 Estimate, Sales $37.736M Miss $38.007M Estimate
Portfolio Pulse from Benzinga Newsdesk
Kamada (NASDAQ:KMDA) reported Q1 2024 GAAP EPS of $0.04, missing the $0.06 estimate, with sales of $37.736M also missing the $38.007M estimate, marking a 22.88% increase over the previous year.
May 08, 2024 | 11:03 am
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NEGATIVE IMPACT
Kamada's Q1 2024 earnings and sales missed analyst estimates, with a slight increase in sales compared to last year.
Missing both EPS and sales estimates typically leads to negative investor sentiment in the short term, potentially causing a decrease in stock price. However, the year-over-year sales growth may mitigate some negative impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100