Compugen (CGEN) Q3 Earnings and Revenues Lag Estimates
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Compugen (CGEN) reported Q3 earnings of $0.01 per share, missing the Zacks Consensus Estimate of $0.06 per share. This is an improvement from a loss of $0.11 per share a year ago.
November 12, 2024 | 5:15 pm
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NEGATIVE IMPACT
Compugen's Q3 earnings of $0.01 per share fell short of the expected $0.06, though it marks an improvement from last year's $0.11 loss.
The earnings miss is likely to negatively impact CGEN's stock price in the short term as it did not meet analyst expectations. However, the improvement from last year's loss may mitigate some negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100