What does CRDL's zero EPS in Q2 2024 indicate?
4/12/2025 05:17pm
Cardiol Therapeutics Inc.'s (CRDL) zero EPS in Q2 2024 indicates that the company's earnings for that quarter are expected to be $0. This means that analysts anticipate the company will not earn any profit during that period. A zero EPS can occur due to various reasons such as strategic decisions, market conditions, or operational challenges. It is important to note that a zero EPS does not necessarily indicate a negative outlook for the company, as it can also happen due to planned expenditures or investments.