Affimed Q1 EPS $(1.38) Beats $(1.54) Estimate, Sales $168.34K Miss $1.34M Estimate
Portfolio Pulse from Benzinga Newsdesk
Affimed (NASDAQ:AFMD) reported Q1 EPS of $(1.38), beating the estimate of $(1.54) but showing a 37.3% improvement from last year. However, sales of $168.34K missed the $1.34M estimate by 87.44%.
June 12, 2024 | 10:34 am
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Affimed's Q1 EPS of $(1.38) beat the estimate of $(1.54), showing a significant improvement from last year. However, sales of $168.34K missed the $1.34M estimate by a large margin.
While Affimed's EPS beat expectations and showed improvement from last year, the significant miss in sales could offset the positive sentiment. This mixed result may lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100