How did ELAN's Q1 2024 EPS surprise impact its stock?

Elanco Animal Health (ELAN) reported an EPS surprise of -0.01 for the most recent quarter ending on December 31, 2024, which represents a decrease of 5.86% from the last price of $9.15. This negative EPS surprise could have had a negative impact on the stock, as it suggests that the company's performance may have fallen short of market expectations. Investors may react negatively to this news, potentially leading to a decline in the stock price.

|code|Ticker|Name|Date|Closing Price|Estimate EPS|EPS Surprise|market_code|
|---|---|---|---|---|---|---|---|
|ELAN|ELAN.N|Elanco Animal Health|20240331||0.26|0.08|169|
|ELAN|ELAN.N|Elanco Animal Health|20240408|15.48|||169|
|ELAN|ELAN.N|Elanco Animal Health|20240409|15.27|||169|
|ELAN|ELAN.N|Elanco Animal Health|20240410|14.75|||169|
|ELAN|ELAN.N|Elanco Animal Health|20240411|14.75|||169|
|ELAN|ELAN.N|Elanco Animal Health|20240412|14.35|||169|
|ELAN|ELAN.N|Elanco Animal Health|20240415|13.87|||169|
|ELAN|ELAN.N|Elanco Animal Health|20240416|13.64|||169|
|ELAN|ELAN.N|Elanco Animal Health|20240417|13.41|||169|
|ELAN|ELAN.N|Elanco Animal Health|20240418|13.57|||169|