Exscientia Q1 2024 GAAP EPS $(0.21) Beats $(0.39) Estimate, Sales $6.700M Miss $7.509M Estimate
Portfolio Pulse from Benzinga Newsdesk
Exscientia reported a Q1 2024 GAAP EPS of $(0.21), beating the estimate of $(0.39). However, its sales of $6.7M missed the estimate of $7.509M.
May 21, 2024 | 11:03 am
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Exscientia's Q1 2024 GAAP EPS of $(0.21) beat the estimate of $(0.39), but its sales of $6.7M missed the estimate of $7.509M. This mixed result may lead to short-term volatility in the stock price.
The better-than-expected EPS is a positive sign, but the miss on sales could offset this positive sentiment. Investors may react with caution, leading to potential short-term volatility in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100