Cadrenal Therapeutics Q2 EPS $(0.15) Misses $(0.08) Estimate
Portfolio Pulse from Benzinga Newsdesk
Cadrenal Therapeutics (NASDAQ:CVKD) reported a Q2 EPS of $(0.15), missing the analyst consensus estimate of $(0.08) by 87.5%. This represents a 66.67% increase in losses compared to $(0.09) per share from the same period last year.
August 07, 2024 | 8:35 pm
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Cadrenal Therapeutics reported a Q2 EPS of $(0.15), significantly missing the analyst estimate of $(0.08) and showing a 66.67% increase in losses compared to the same period last year.
The significant miss on EPS estimates and the substantial increase in losses compared to the previous year are likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100