POZEN Earnings: Everything You Must Know Now
POZEN, Inc. (NASDAQ:POZN) had a loss and met Wall Street’s expectations, AND came up short on beating the revenue expectation. The revenue miss is a negative sign to shareholders seeking high growth out of the company.
POZEN, Inc. Earnings Cheat Sheet
Results: Adjusted Earnings Per Share decreased to $-0.19 in the quarter versus EPS of $-0.28 in the year-earlier quarter.
Revenue: Rose 10.08% to $1.42 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: POZEN, Inc. reported adjusted EPS loss of $0.19 per share. By that measure, the company missed the mean analyst estimate of $-0.19. It missed the average revenue estimate of $1.43 million.
Quoting Management: There was no comment from the management.
Key Stats (on next page)…
Revenue increased 5.19% from $1.35 million in the previous quarter. EPS decreased to $-0.19 in the quarter versus EPS of $-0.20 in the previous quarter.
Looking Forward: Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a loss of $0.05 to a loss $0.25. For the current year, the average estimate has moved down from a loss of $0.19 to a loss of $0.81 over the last ninety days.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)