Relmada Therapeutics Q2 2024 GAAP EPS $(0.59) Beats $(0.81) Estimate
Portfolio Pulse from Benzinga Newsdesk
Relmada Therapeutics (NASDAQ:RLMD) reported a Q2 2024 GAAP EPS of $(0.59), beating the analyst consensus estimate of $(0.81) by 27.16%.

August 07, 2024 | 8:55 pm
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Relmada Therapeutics reported a Q2 2024 GAAP EPS of $(0.59), which is better than the analyst consensus estimate of $(0.81). This positive earnings surprise could boost investor confidence in the short term.
The better-than-expected earnings report indicates that the company is performing better than analysts had anticipated, which is likely to positively impact the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100