Absci Corporation (ABSI) Reports Q3 Loss, Misses Revenue Estimates
Portfolio Pulse from
Absci Corporation (ABSI) reported a Q3 loss of $0.24 per share, missing the Zacks Consensus Estimate of a $0.19 loss. This matches the loss per share from the previous year.
November 12, 2024 | 3:00 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Absci Corporation reported a Q3 loss of $0.24 per share, missing the expected loss of $0.19 per share. This could negatively impact the stock price in the short term.
The reported loss per share was greater than the consensus estimate, which is typically viewed negatively by investors. This could lead to a decrease in stock price as the market reacts to the earnings miss.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100