PolyPid Q2 2024 GAAP EPS $(1.25) Misses $(1.18) Estimate
Portfolio Pulse from Benzinga Newsdesk
PolyPid (NASDAQ:PYPD) reported a Q2 2024 GAAP EPS of $(1.25), missing the analyst consensus estimate of $(1.18) by 5.93%.

August 14, 2024 | 11:02 am
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PolyPid reported a Q2 2024 GAAP EPS of $(1.25), missing the analyst consensus estimate of $(1.18) by 5.93%.
The reported earnings per share (EPS) of $(1.25) missed the analyst consensus estimate of $(1.18) by 5.93%. This negative earnings surprise is likely to result in a short-term decline in PolyPid's stock price as it indicates weaker-than-expected financial performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100