Invivyd, Inc. (IVVD) Reports Q3 Loss, Misses Revenue Estimates
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Invivyd, Inc. (IVVD) reported a Q3 loss of $0.51 per share, missing the Zacks Consensus Estimate of a $0.33 loss. This is a larger loss compared to $0.36 per share a year ago.
November 14, 2024 | 2:30 pm
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Invivyd, Inc. reported a larger than expected Q3 loss of $0.51 per share, missing the Zacks Consensus Estimate of $0.33. This indicates a worsening financial performance compared to last year's $0.36 loss per share.
The larger than expected loss per share suggests financial difficulties and could lead to a negative market reaction. Missing analyst estimates often results in a decline in stock price as it reflects underperformance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100