Geron Earnings: Here’s Why the Stock is Down Now

  Google+ | + More Articles
  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

Geron Corporation (NASDAQ:GERN) had a loss and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are down 0.7%.

Markets are at 5-year highs! Discover the best stocks to own. Click here for our fresh Feature Stock Pick now!

Geron Corporation Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased to $-0.12 in the quarter versus EPS of $-0.19 in the year-earlier quarter.

Revenue: Rose 176% to $690,000 from the year-earlier quarter.

Actual vs. Wall St. Expectations: Geron Corporation reported adjusted EPS loss of $0.12 per share. By that measure, the company beat the mean analyst estimate of $-0.14. It beat the average revenue estimate of $0.

Quoting Management: There was no comment from the management.

Key Stats (on next page)…

More Articles About:

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business