HilleVax Q1 2024 Adj EPS $(0.97) Misses $(0.84) Estimate
Portfolio Pulse from Benzinga Newsdesk
HilleVax (NASDAQ:HLVX) reported Q1 2024 adjusted EPS losses of $(0.97), missing the consensus estimate of $(0.84) by 15.48%.
May 09, 2024 | 9:10 pm
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NEGATIVE IMPACT
HilleVax reported a larger than expected Q1 2024 loss per share of $(0.97), missing the consensus estimate of $(0.84).
Earnings misses typically lead to negative investor sentiment in the short term, potentially causing a decrease in stock price as expectations are not met.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100