How did EVO's Q2 2024 EPS forecast compare to past trends?

Evotec's Q2 2024 EPS forecast of ($0.01) is a significant improvement compared to the -$0.58 EPS reported in the same quarter of the previous year, 2023. This indicates a potential rebound in the company's financial performance, which is a positive signal for investors. |code|Ticker|Name|Date|Diluted EPS YoY|Diluted EPS|market_code| |---|---|---|---|---|---|---| |EVO|EVO.O|Evotec|2020 Q3||-0.011723|185| |EVO|EVO.O|Evotec|2021 Q1||0.375776|185| |EVO|EVO.O|Evotec|2021 Q2||0.438376|185| |EVO|EVO.O|Evotec|2021 Q3|8197.875970314766|0.949314|185| |EVO|EVO.O|Evotec|2022 Q1|-221.03300902665416|-0.454813|185| |EVO|EVO.O|Evotec|2022 Q2|-138.2101209920251|-0.167504|185| |EVO|EVO.O|Evotec|2022 Q3|-127.82440794089204|-0.264141|185| |EVO|EVO.O|Evotec|2023 Q1|80.87653607086868|-0.086976|185| |EVO|EVO.O|Evotec|2023 Q2|47.84602158754418|-0.08736|185| |EVO|EVO.O|Evotec|2023 Q3|11.847081672288668|-0.232848|185| However, when compared to the EPS of $0.44 in Q2 2021, the projected EPS of ($0.01) for Q2 2024 represents a substantial decline. This suggests that while there may be an improvement from the previous year's lows, the company's performance is still expected to be much weaker than it was just three years ago. In summary, while the Q2 2024 EPS forecast represents an improvement from the immediate previous quarter, it indicates a challenging period for the company compared to its recent past.