Palisade Bio (NASDAQ:PALI) Issues Quarterly Earnings Results, Beats Estimates By $1.10 EPS

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Palisade Bio (NASDAQ:PALI) reported quarterly earnings of $1.08 EPS, significantly beating analyst estimates of ($0.02) by $1.10, yet its stock fell 5% to $1.89 on the trading day. The clinical-stage biotech, focusing on localized immunotherapies for cancer, has a “Moderate Buy” consensus rating from analysts with an average target price of $12.33. Institutional investors hold approximately 11.79% of the company’s stock.

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