Mineralys Therapeutics Q2 2024 GAAP EPS $(0.83) Misses $(0.67) Estimate
Portfolio Pulse from Benzinga Newsdesk
Mineralys Therapeutics (NASDAQ:MLYS) reported a Q2 2024 GAAP EPS of $(0.83), missing the analyst consensus estimate of $(0.67) by 23.88%.
August 13, 2024 | 8:06 pm
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NEGATIVE IMPACT
Mineralys Therapeutics reported a Q2 2024 GAAP EPS of $(0.83), missing the analyst consensus estimate of $(0.67) by 23.88%. This significant miss is likely to negatively impact the stock price in the short term.
The significant miss on earnings per share (EPS) compared to analyst expectations is likely to result in a negative market reaction. Investors often react unfavorably to earnings misses, especially when the miss is by a large margin.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100