Context Therapeutics Q1 EPS $(0.23) Beats $(0.38) Estimate
Portfolio Pulse from Benzinga Newsdesk
Context Therapeutics (NASDAQ:CNTX) reported Q1 earnings with losses of $(0.23) per share, surpassing the analyst consensus estimate of $(0.38) by 39.47%. This represents a 42.5% improvement over the previous year's losses of $(0.40) per share.
May 08, 2024 | 10:00 pm
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Context Therapeutics reported a smaller loss than expected in Q1, with EPS of $(0.23) vs. the $(0.38) estimate, showing significant improvement from last year.
The positive earnings surprise and year-over-year improvement in losses are likely to be viewed favorably by investors, potentially leading to short-term stock price appreciation.
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IMPORTANCE 90
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