Assembly Biosciences Q1 EPS $(1.66) Beats $(3.24) Estimate
Portfolio Pulse from Benzinga Newsdesk
Assembly Biosciences (NASDAQ:ASMB) reported Q1 EPS of $(1.66), surpassing the $(3.24) analyst consensus estimate by 48.77% and marking a 62.61% improvement over last year's $(4.44) per share loss.
May 08, 2024 | 9:47 pm
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Assembly Biosciences reported a Q1 EPS of $(1.66), beating estimates and showing significant year-over-year improvement.
Beating the EPS estimate by a wide margin and showing a significant improvement over the previous year's performance are strong indicators of financial health and operational efficiency. This outperformance is likely to instill investor confidence and could lead to a positive short-term price movement for ASMB.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100