Replimune Group Q1 EPS $(0.78) Beats $(0.85) Estimate
Portfolio Pulse from Benzinga Newsdesk
Replimune Group (NASDAQ:REPL) reported a Q1 EPS of $(0.78), beating the analyst consensus estimate of $(0.85) by 8.24%. This represents a 4% increase in losses compared to the same period last year.
August 08, 2024 | 12:43 pm
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Replimune Group reported a Q1 EPS of $(0.78), beating the analyst consensus estimate of $(0.85) by 8.24%. This is a positive surprise for investors, although the losses increased by 4% compared to the same period last year.
Beating EPS estimates is generally seen as a positive indicator for a company's stock price in the short term. Despite the increase in losses, the fact that Replimune Group outperformed expectations by 8.24% is likely to boost investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100