Morphic Holding: Q1 Earnings Insights

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Morphic Holding MORF reported its Q1 earnings results on Wednesday, May 4, 2022 at 08:00 AM.

Here's what investors need to know about the announcement.

Earnings

Morphic Holding missed estimated earnings by 4.94%, reporting an EPS of $-0.85 versus an estimate of $-0.81.

Revenue was down $883.00 thousand from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.09 which was followed by a 2.38% increase in the share price the next day.

Here's a look at Morphic Holding's past performance:

 

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate -0.49 -0.76 -0.55 -0.58
EPS Actual -0.58 -0.69 -0.77 -0.63
Revenue Estimate 12.38M 5.19M 5.80M 5.36M
Revenue Actual 9.56M 3.12M 3.85M 3.27M

To track all earnings releases for Morphic Holding visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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