Sera Prognostics Reports Second Quarter Results
Sera Prognostics, Inc. (SERA) announced a net loss of $0.25 per share for the second quarter, slightly exceeding the anticipated loss of $0.23 per share based on the Zacks consensus estimate. This marks an improvement compared to a loss of $0.34 per share recorded in the same period last year, with figures adjusted for non-recurring items.
Quarterly Performance and Earnings Surprise
Despite the narrower loss, the company's quarterly results represented an earnings surprise of -8.70%. In the previous quarter, investors expected a loss of $0.23 per share, but the actual figure was $0.25, reflecting the same surprise percentage.
Earnings Trends and Market Performance
Over the past four quarters, Sera Prognostics has only surpassed analyst EPS estimates once, indicating some inconsistency in earnings performance.
The stock's short-term momentum will likely hinge on management's commentary during the earnings call and future outlook. Since the beginning of the year, shares have risen approximately 23.9%, outperforming the S&P 500's gain of 9.9%.