Compass Pathways Q2 2024 GAAP EPS $(0.56) Misses $(0.52) Estimate
Portfolio Pulse from Benzinga Newsdesk
Compass Pathways reported a Q2 2024 GAAP EPS of $(0.56), missing the estimate of $(0.52).
August 01, 2024 | 10:33 am
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NEGATIVE IMPACT
Compass Pathways reported a Q2 2024 GAAP EPS of $(0.56), which is below the estimated $(0.52). This earnings miss could negatively impact the stock price in the short term.
The earnings miss indicates that the company's performance was worse than expected, which typically leads to a negative reaction from investors and a potential drop in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100