Uncovering Potential: Compass Pathways's Earnings Preview
Portfolio Pulse from Benzinga Insights
Compass Pathways (NASDAQ:CMPS) is set to release its quarterly earnings on October 31, 2024. Analysts expect an EPS of $-0.57. Investors are keen on not just an earnings beat but also positive future guidance. Previous earnings misses have sometimes led to share price increases.
October 30, 2024 | 9:03 pm
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Compass Pathways is expected to announce its quarterly earnings with an EPS estimate of $-0.57. Investors are looking for not only an earnings beat but also positive guidance for future growth. Previous earnings misses have sometimes resulted in share price increases.
The upcoming earnings release for Compass Pathways is significant as it could impact the stock price based on whether the company meets or exceeds the EPS estimate of $-0.57. Additionally, positive guidance could further influence investor sentiment. Historical data shows that even when EPS estimates were missed, the stock price sometimes increased, indicating that other factors like guidance play a crucial role.
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