Kineta Q1 EPS $(0.89) Misses $(0.21) Estimate
Portfolio Pulse from Benzinga Newsdesk
Kineta (NASDAQ:KA) reported a Q1 EPS of $(0.89), significantly missing the analyst consensus estimate of $(0.21) by 323.81%. This represents a 15.58% increase in losses compared to the same period last year.
May 15, 2024 | 8:20 pm
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Kineta reported a Q1 EPS of $(0.89), missing the analyst estimate of $(0.21) by a wide margin. This marks a 15.58% increase in losses compared to the same period last year.
The significant miss on EPS estimates and the increase in losses compared to the previous year are likely to negatively impact investor sentiment and the stock price in the short term.
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