Reviva Pharmaceuticals Q2 2024 GAAP EPS $(0.26) Beats $(0.32) Estimate
Portfolio Pulse from Benzinga Newsdesk
Reviva Pharmaceuticals (NASDAQ:RVPH) reported a Q2 2024 GAAP EPS of $(0.26), beating the analyst consensus estimate of $(0.32) by 18.75%.
August 14, 2024 | 12:06 pm
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POSITIVE IMPACT
Reviva Pharmaceuticals reported a Q2 2024 GAAP EPS of $(0.26), which is better than the analyst consensus estimate of $(0.32). This positive earnings surprise could boost investor confidence in the short term.
The better-than-expected earnings per share (EPS) indicates that the company is performing better than analysts anticipated, which is likely to positively impact the stock price in the short term as investors react to the news.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100