Celcuity Q1 2024 Adj EPS $(0.59) Beats $(0.71) Estimate
Portfolio Pulse from Benzinga Newsdesk
Celcuity (NASDAQ:CELC) reported a Q1 2024 adjusted EPS of $(0.59), beating the analyst consensus estimate of $(0.71) by 16.9%.
May 15, 2024 | 8:02 pm
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POSITIVE IMPACT
Celcuity reported a Q1 2024 adjusted EPS of $(0.59), which is better than the analyst consensus estimate of $(0.71). This positive earnings surprise could lead to a short-term increase in the stock price.
The better-than-expected EPS indicates that Celcuity is performing better than analysts anticipated, which is likely to boost investor confidence and lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100