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Market Impact: 0.35

Axsome Therapeutics (AXSM) Reports Q1 Loss, Beats Revenue Estimates

AXSM
Corporate EarningsCompany FundamentalsAnalyst EstimatesHealthcare & Biotech

Axsome Therapeutics reported a quarterly loss of $1.26 per share, missing the Zacks Consensus Estimate for a $0.85 loss by $0.41. The loss also widened versus $0.80 per share a year ago, indicating deteriorating profitability on a year-over-year basis. The headline is negative for sentiment, though the article contains no revenue or guidance details.

Analysis

Axsome Therapeutics reported a quarterly loss of $1.26 per share, missing the Zacks Consensus Estimate for a $0.85 loss by $0.41. The loss also widened versus $0.80 per share a year ago, indicating deteriorating profitability on a year-over-year basis. The headline is negative for sentiment, though the article contains no revenue or guidance details.

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Market Sentiment

Overall Sentiment

moderately negative

Sentiment Score

-0.45

Ticker Sentiment

AXSM-0.75