Savara Q1 2024 Adj EPS $(0.11) Misses $(0.10) Estimate
Portfolio Pulse from Benzinga Newsdesk
Savara reported its Q1 2024 adjusted earnings per share (EPS) at $(0.11), missing the consensus estimate of $(0.10) by 10 percent.
May 09, 2024 | 9:01 pm
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NEGATIVE IMPACT
Savara's Q1 2024 earnings missed analyst estimates, reporting an adjusted EPS of $(0.11) against the expected $(0.10).
Missing earnings estimates typically leads to negative investor sentiment in the short term, potentially causing a decrease in stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100