Morphic Holding: Q3 Earnings Insights

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.

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