PolyPid PYPD is preparing to release its quarterly earnings on Wednesday, 2024-11-13. Here's a brief overview of what investors should keep in mind before the announcement.
Analysts expect PolyPid to report an earnings per share (EPS) of $-1.02.
The announcement from PolyPid is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
Earnings History Snapshot
The company's EPS beat by $0.05 in the last quarter, leading to a 3.15% increase in the share price on the following day.
Here's a look at PolyPid's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | -1.30 | -1.41 | -3.58 | -4.16 |
| EPS Actual | -1.25 | -1.37 | -3.97 | -3.40 |
| Price Change % | 3.0% | 4.0% | 1.0% | -8.0% |
Market Performance of PolyPid's Stock
Shares of PolyPid were trading at $3.49 as of November 08. Over the last 52-week period, shares are down 11.75%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.
To track all earnings releases for PolyPid 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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