Savara Q2 2024 Adj EPS $(0.12) Misses $(0.11) Estimate
Portfolio Pulse from Benzinga Newsdesk
Savara (NASDAQ:SVRA) reported a Q2 2024 adjusted EPS of $(0.12), missing the analyst consensus estimate of $(0.11) by 9.09%.
August 12, 2024 | 8:06 pm
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NEGATIVE IMPACT
Savara reported a Q2 2024 adjusted EPS of $(0.12), missing the analyst consensus estimate of $(0.11) by 9.09%. This earnings miss could negatively impact the stock price in the short term.
The earnings miss indicates that the company's performance was below market expectations, which typically leads to a negative reaction from investors and a potential short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100