Sera Prognostics Q1 2024 GAAP EPS $(0.25) Beats $(0.27) Estimate
Portfolio Pulse from Benzinga Newsdesk
Sera Prognostics (NASDAQ:SERA) reported a Q1 2024 GAAP EPS loss of $(0.25), surpassing the analyst consensus estimate of $(0.27) by 7.41% and marking a 26.47% improvement over the previous year's $(0.34) per share loss.
May 08, 2024 | 8:32 pm
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POSITIVE IMPACT
Sera Prognostics reported a smaller than expected Q1 2024 loss of $(0.25) per share, beating estimates and showing significant year-over-year improvement.
Beating EPS estimates and showing year-over-year improvement is generally viewed positively by the market, likely leading to increased investor confidence in SERA. This performance could result in a short-term positive impact on SERA's stock price as it reflects operational efficiency and potential for future profitability.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100