Compass Pathways CMPS is preparing to release its quarterly earnings on Thursday, 2024-10-31. Here’s a brief overview of what investors should keep in mind before the announcement.
Analysts expect Compass Pathways to report an earnings per share (EPS) of $-0.57.
Compass Pathways bulls will hope to hear the company announce they’ve not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Performance in Previous Earnings
Last quarter the company missed EPS by $0.03, which was followed by a 2.33% increase in the share price the next day.
Here’s a look at Compass Pathways’s past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | -0.53 | -0.49 | -0.33 | -0.43 |
| EPS Actual | -0.56 | -0.55 | -0.53 | -0.67 |
| Price Change % | 2.0% | 0.0% | 12.0% | 8.0% |
To track all earnings releases for Compass Pathways visit their earnings calendar on our site.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
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