Cognition Therapeutics Q2 2024 GAAP EPS $(0.18) Beats $(0.24) Estimate
Portfolio Pulse from Benzinga Newsdesk
Cognition Therapeutics (NASDAQ:CGTX) reported a Q2 2024 GAAP EPS of $(0.18), beating the analyst consensus estimate of $(0.24) by 25%.
August 08, 2024 | 11:21 am
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Cognition Therapeutics reported a Q2 2024 GAAP EPS of $(0.18), beating the analyst consensus estimate of $(0.24) by 25%.
Beating earnings estimates by a significant margin (25%) is generally a positive indicator for the stock price in the short term. Investors may view this as a sign of better-than-expected financial health and operational performance.
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