Turnstone Biologics Q2 EPS $(0.92) Misses $(0.84) Estimate
Portfolio Pulse from Benzinga Newsdesk
Turnstone Biologics (NASDAQ:TSBX) reported a Q2 EPS of $(0.92), missing the analyst consensus estimate of $(0.84) by 9.52%. This represents an 87.83% improvement over the $(7.56) per share loss from the same period last year.
August 14, 2024 | 8:13 pm
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Turnstone Biologics reported a Q2 EPS of $(0.92), missing the analyst estimate of $(0.84) by 9.52%. Despite the miss, the loss is significantly lower than the $(7.56) per share loss from the same period last year, showing an 87.83% improvement.
The EPS miss is likely to have a negative short-term impact on the stock price as it fell short of analyst expectations. However, the significant improvement from last year's loss may mitigate some of the negative sentiment.
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IMPORTANCE 80
RELEVANCE 100