Liquidia Q1 2024 GAAP EPS $(0.54) Misses $(0.30) Estimate, Sales $2.972M Miss $4.388M Estimate
Portfolio Pulse from Benzinga Newsdesk
Liquidia (NASDAQ:LQDA) reported Q1 2024 GAAP EPS of $(0.54), missing the $(0.30) estimate, with sales of $2.972M also missing the $4.388M estimate. This represents a significant decrease in performance compared to the same period last year.

May 13, 2024 | 9:48 pm
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NEGATIVE IMPACT
Liquidia reported a significant miss in both EPS and sales for Q1 2024, with EPS missing estimates by 80% and sales missing by 32.28%, indicating a substantial decrease in performance year-over-year.
The significant miss in both earnings per share and sales compared to analyst estimates, coupled with a substantial year-over-year decline, suggests a negative short-term impact on Liquidia's stock price. The magnitude of the miss and the comparison to last year's performance are critical factors indicating potential investor concern over the company's financial health and future prospects.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100