Rezolute Q3 2024 GAAP EPS $(0.34) Misses $(0.30) Estimate
Portfolio Pulse from Benzinga Newsdesk
Rezolute (NASDAQ:RZLT) reported a Q3 2024 GAAP EPS of $(0.34), missing the analyst consensus estimate of $(0.30) by 13.33%.
May 15, 2024 | 8:25 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Rezolute reported a Q3 2024 GAAP EPS of $(0.34), missing the analyst consensus estimate of $(0.30) by 13.33%. This earnings miss could negatively impact the stock price in the short term.
The earnings miss indicates that the company's performance was below market expectations, which typically leads to a negative reaction from investors and a potential decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100