Lineage Cell (LCTX) Reports Q3 Loss, Tops Revenue Estimates
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Lineage Cell (LCTX) reported a Q3 loss of $0.02 per share, which is better than the Zacks Consensus Estimate of a $0.04 loss. This is an improvement from the $0.04 loss per share reported a year ago.
November 14, 2024 | 11:30 pm
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Lineage Cell reported a Q3 loss of $0.02 per share, surpassing the Zacks Consensus Estimate of a $0.04 loss. This marks an improvement from the previous year's $0.04 loss per share.
The better-than-expected earnings report, with a smaller loss than anticipated, is likely to positively impact LCTX's stock price in the short term. Investors often react favorably to companies that exceed earnings expectations.
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