MoonLake Q2 2024 Adj EPS $(0.39) Misses $(0.28) Estimate
Portfolio Pulse from Benzinga Newsdesk
MoonLake (NASDAQ:MLTX) reported a Q2 2024 adjusted EPS of $(0.39), missing the analyst consensus estimate of $(0.28) by 39.29%.
August 07, 2024 | 12:41 pm
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MoonLake reported a Q2 2024 adjusted EPS of $(0.39), missing the analyst consensus estimate of $(0.28) by 39.29%.
The significant miss on earnings per share (EPS) is likely to negatively impact investor sentiment and the stock price in the short term. Missing the consensus estimate by such a large margin (39.29%) indicates potential underlying issues in the company's performance or market conditions.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100