Gritstone Bio GRTS reported its Q1 earnings results on Thursday, May 11, 2023 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Gritstone Bio beat estimated earnings by 9.09%, reporting an EPS of $-0.3 versus an estimate of $-0.33.
Revenue was down $4.75 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.04 which was followed by a 7.79% drop in the share price the next day.
Here's a look at Gritstone Bio's past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.34 | -0.40 | -0.40 | -0.37 |
| EPS Actual | -0.30 | -0.35 | -0.34 | -0.34 |
| Revenue Estimate | 2.90M | 3.61M | 3.19M | 4.21M |
| Revenue Actual | 4.26M | 3.02M | 5.47M | 7.19M |
To track all earnings releases for Gritstone Bio visit their earnings calendar here.
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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