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CervoMed (NASDAQ:CRVO) Posts Earnings Results, Beats Expectations By $0.23 EPS
['Jeff Wilder']
Daily Political
The company reported ($0.64) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.87) by $0.23, FiscalAI reports.
CervoMed Stock Up 4.0%Shares of NASDAQ:CRVO traded up $0.11 during midday trading on Friday, hitting $2.87.
HC Wainwright reissued a “buy” rating on shares of CervoMed in a research report on Wednesday, July 15th.
One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock.
Following the completion of the purchase, the director directly owned 1,795,865 shares of the company’s stock, valued at $5,639,016.10.