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Ovid Therapeutics (OVID) Reports Q3 Loss, Lags Revenue Estimates
Ovid Therapeutics Ovid Therapeutics (US:OVID) ZACKSยท2025-11-12 14:11

Core Insights - Ovid Therapeutics reported a quarterly loss of $0.17 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.15, marking an earnings surprise of -13.33% [1] - The company generated revenues of $0.13 million for the quarter ended September 2025, missing the Zacks Consensus Estimate by 61.18% and down from $0.17 million a year ago [2] - Ovid Therapeutics shares have increased by approximately 44.6% since the beginning of the year, outperforming the S&P 500's gain of 16.4% [3] Financial Performance - The company has surpassed consensus EPS estimates two times over the last four quarters [2] - The current consensus EPS estimate for the upcoming quarter is -$0.09 on revenues of $0.24 million, and for the current fiscal year, it is -$0.44 on revenues of $6.82 million [7] Industry Outlook - The Medical - Biomedical and Genetics industry, to which Ovid Therapeutics belongs, is currently ranked in the top 34% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Ovid Therapeutics' stock performance [5] Future Expectations - The estimate revisions trend for Ovid Therapeutics was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, suggesting it is expected to perform in line with the market [6] - The upcoming earnings call will be crucial for understanding management's commentary on future earnings expectations [3][4]