DBV Technologies Q2 EPS $(0.34) Beats $(0.45) Estimate, Sales $1.16M Miss $1.68M Estimate
Portfolio Pulse from totan@benzinga.com
DBV Technologies (NASDAQ:DBVT) reported Q2 EPS of $(0.34), beating the $(0.45) estimate, but sales of $1.16M missed the $1.68M estimate. EPS improved from last year, but sales declined significantly.
July 30, 2024 | 8:23 pm
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NEUTRAL IMPACT
DBV Technologies reported better-than-expected EPS for Q2, but sales missed estimates significantly. EPS improved from last year, but sales saw a notable decline.
While the EPS beat expectations, the significant miss in sales and the year-over-year decline in both EPS and sales create a mixed outlook. Investors may have a neutral short-term reaction as they weigh the positive EPS against the negative sales performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100