CureVac CVAC is gearing up to announce its quarterly earnings on Tuesday, 2024-11-12. Here's a quick overview of what investors should know before the release.
Analysts are estimating that CureVac will report an earnings per share (EPS) of $0.63.
CureVac bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Overview of Past Earnings
Last quarter the company missed EPS by $0.03, which was followed by a 0.31% drop in the share price the next day.
Here's a look at CureVac's past performance and the resulting price change:
Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
---|---|---|---|---|
EPS Estimate | -0.29 | -0.26 | -0.20 | -0.24 |
EPS Actual | -0.32 | -0.33 | -0.41 | -0.24 |
Price Change % | -0.0% | -7.000000000000001% | -8.0% | -2.0% |
Market Performance of CureVac's Stock
Shares of CureVac were trading at $2.84 as of November 08. Over the last 52-week period, shares are down 50.27%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.
To track all earnings releases for CureVac visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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