Immunovant Q1 EPS $(0.60) Misses $(0.53) Estimate
Portfolio Pulse from Benzinga Newsdesk
Immunovant (NASDAQ:IMVT) reported a Q1 EPS of $(0.60), missing the analyst consensus estimate of $(0.53) by 13.21%. This represents a 5.26% increase in losses compared to $(0.57) per share from the same period last year.
August 06, 2024 | 9:11 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Immunovant reported a Q1 EPS of $(0.60), missing the analyst consensus estimate of $(0.53) by 13.21%. This is a 5.26% increase in losses compared to the same period last year.
The significant miss on EPS estimates and the increase in losses compared to the same period last year are likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100