Recap: Surface Oncology Q1 Earnings

Surface Oncology SURF reported its Q1 earnings results on Thursday, May 4, 2023 at 07:00 AM.

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

Earnings

Surface Oncology beat estimated earnings by 8.33%, reporting an EPS of $-0.33 versus an estimate of $-0.36.

Revenue was down $30.00 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.02 which was followed by a 8.4% drop in the share price the next day.

Here's a look at Surface Oncology's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.33 -0.47 -0.46 -0.28
EPS Actual -0.35 -0.39 -0.46 0.13
Revenue Estimate 2.50M 80K 100K 10.48M
Revenue Actual 0 0 0 30.00M

Listen to the earnings announcement yourself by clicking here.

To track all earnings releases for Surface Oncology visit their earnings calendar here.

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

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