Why Recursion Pharmaceuticals (RXRX) Dipped More Than Broader Market Today

Company Performance - Recursion Pharmaceuticals (RXRX) closed at $6.48, down 1.52% from the previous trading session, underperforming the S&P 500 which lost 0.22% [1] - The stock has decreased by 39.47% over the past month, significantly lagging behind the Medical sector's loss of 0.63% and the S&P 500's loss of 7.48% [1] Upcoming Financial Results - The upcoming EPS for Recursion Pharmaceuticals is projected at -$ 0.44, indicating a 12.82% decline compared to the same quarter last year [2] - Revenue is expected to be $20.15 million, reflecting a 46.12% increase from the equivalent quarter last year [2] Full-Year Estimates - Zacks Consensus Estimates forecast earnings of -$ 1.41 per share and revenue of $88.55 million for the full year, representing year-over-year changes of +16.57% and +50.5%, respectively [3] Analyst Estimates - Recent changes to analyst estimates for Recursion Pharmaceuticals indicate a positive outlook on the company's business operations and profit generation capabilities [4] - The Zacks Rank system, which reflects these estimate changes, provides a rating system that can help investors make informed decisions [5] Zacks Rank and Industry Performance - Recursion Pharmaceuticals currently holds a Zacks Rank of 3 (Hold), with the Zacks Consensus EPS estimate having increased by 0.18% over the past month [6] - The Medical - Drugs industry, part of the Medical sector, has a Zacks Industry Rank of 85, placing it in the top 34% of over 250 industries [7]