Kodiak Sciences Q1 2024 GAAP EPS $(0.82) Beats $(1.07) Estimate
Portfolio Pulse from Benzinga Newsdesk
Kodiak Sciences (NASDAQ:KOD) reported a Q1 2024 GAAP EPS of $(0.82), beating the analyst consensus estimate of $(1.07) by 23.36%.
May 15, 2024 | 8:20 pm
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Kodiak Sciences reported a Q1 2024 GAAP EPS of $(0.82), which is better than the analyst consensus estimate of $(1.07). This positive earnings surprise could boost investor confidence and potentially lead to a short-term increase in the stock price.
The better-than-expected earnings report indicates that Kodiak Sciences is performing better than analysts anticipated. This positive surprise is likely to boost investor sentiment and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100