Morphic Holding MORF reported its Q3 earnings results on Wednesday, November 2, 2022 at 08:00 AM.
Here's what investors need to know about the announcement.
Earnings
Morphic Holding beat estimated earnings by 6.02%, reporting an EPS of $-0.78 versus an estimate of $-0.83.
Revenue was down $1.07 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $1.53 which was followed by a 11.64% increase in the share price the next day.
Here's a look at Morphic Holding's past performance:
Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
---|---|---|---|---|
EPS Estimate | -0.85 | -0.81 | -0.49 | -0.76 |
EPS Actual | 0.68 | -0.85 | -0.58 | -0.69 |
Revenue Estimate | 3.08M | 3.12M | 12.38M | 5.19M |
Revenue Actual | 60.24M | 2.38M | 9.56M | 3.12M |
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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