Equity Profile

SLNO

Soleno Therapeutics, Inc.

Health CareBiotechnology

Mar23Wed

Pre-Earnings Brief

UpcomingQ2-2026After Close5:00 PM EDT

Company Snapshot

Soleno Therapeutics, Inc. is a biotechnology company focused on developing innovative therapies for rare diseases....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of the company's profitability and financial health, which investors closely monitor.

N/A

Revenue

Revenue figures will provide insight into the company's sales performance and market demand for its products.

N/A

Wall Street expectations, options signals, track record, and call prep available with Pro.

SLNO Q2-2026 Earnings Preview

Context

Company Snapshot

Soleno Therapeutics, Inc. is a biotechnology company focused on developing innovative therapies for rare diseases. As part of the health care sector, its work is significant for patients with unmet medical needs, particularly in the area of metabolic disorders.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

63%

Avg EPS Surprise

+1923.32%

Avg Stock Reaction

-0.32%

Last Quarter Recap

In Q1-2026, Soleno reported an EPS of $0.59, which was below the expected $0.73, resulting in a 19.4% negative surprise. The stock saw a slight increase of 0.02% the following day.

Management Promises & Guidance

Expectations

Wall Street Expectations

Investors are uncertain about Soleno's upcoming earnings due to the lack of analyst estimates and management guidance. The market is keen to see if the company can improve its performance after a disappointing last quarter.

Bull Case

If Soleno can exceed expectations with strong revenue growth and improved EPS, it may signal a turnaround and boost investor confidence.

Bear Case

Conversely, if the company fails to meet expectations again, it could raise concerns about its long-term viability and lead to a further decline in stock price.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will Soleno's EPS exceed the previous quarter's $0.59?

A positive EPS surprise could indicate a recovery in profitability and boost investor sentiment.

What are the revenue figures for this quarter?

Revenue performance will be critical to understanding market demand and the company's growth trajectory.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be overly pessimistic following the last quarter's miss, not accounting for potential recovery in demand and operational improvements.

Supporting Evidence

The options market is pricing a 5.47% move, suggesting expectations for volatility that could favor a positive surprise.

Historically, Soleno has a 63% EPS beat rate, indicating a higher likelihood of exceeding expectations than the market may anticipate.

Key Risk

If the EPS comes in above $0.73, it could significantly shift investor sentiment and challenge the current bearish outlook.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance is crucial as it follows a disappointing result, and investors are looking for signs of improvement.

Bull Confirmed If

An EPS of $0.73 or higher would confirm the bull case and indicate a strong recovery.

Bear Confirmed If

An EPS below $0.59 would reinforce bearish sentiment and raise concerns about the company's future.

Pre-Earnings Positioning

Options Market

Implied Move

±5.47%

Historical Avg

±2.0%

Pricing rich

The options market is pricing in a significant move of 5.47%, indicating that traders expect volatility around the earnings announcement.

Options are pricing ±5.5% while SLNO has averaged ±2.0% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.4%

30d HV

81.0%

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter miss + options pricing rich in Health Care

n=30

Fade rate: 13 of 29 (45%)

This setup has occurred 30 times across Health Care in the last 2 years. 13 of 29 faded and 16 held — no strong directional bias after the initial reaction. The average absolute 1-day move is 3.6%, with a raw directional average of -1.3% (modestly negative historical bias).

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Soleno beats expectations, history suggests the stock may see an average increase of around 0.64% on the following day, confirming a positive trend.

In-Line / Cautious

If results are in line with expectations, the stock may experience muted movement as investors await further guidance.

Miss

Should the company miss expectations, history suggests an average decline of about 0.20%, which could heighten concerns about its growth prospects.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on new product developments or pipeline progress.
2Management's commentary on market conditions and competitive landscape.
3Insights into operational efficiencies and cost management strategies.
4Details on customer feedback and demand trends for existing products.

See the full picture

AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

No charge today · Auto-bills $8/mo after 7 days · Cancel anytime

More Earnings This Week

5 Reports

PDD Holdings Inc.

Company Snapshot

Soleno Therapeutics, Inc. is a biotechnology company focused on developing innovative therapies for rare diseases....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of the company's profitability and financial health, which investors closely monitor.

N/A

Revenue

Revenue figures will provide insight into the company's sales performance and market demand for its products.

N/A

Wall Street expectations, options signals, track record, and call prep available with Pro.

SLNO Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

63%

Avg EPS Surprise

+1923.32%

Avg Stock Reaction

-0.32%

Last Quarter Recap

In Q1-2026, Soleno reported an EPS of $0.59, which was below the expected $0.73, resulting in a 19.4% negative surprise. The stock saw a slight increase of 0.02% the following day.

Management Promises & Guidance

Expectations

Wall Street Expectations

Bull Case

If Soleno can exceed expectations with strong revenue growth and improved EPS, it may signal a turnaround and boost investor confidence.

Bear Case

Conversely, if the company fails to meet expectations again, it could raise concerns about its long-term viability and lead to a further decline in stock price.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will Soleno's EPS exceed the previous quarter's $0.59?

A positive EPS surprise could indicate a recovery in profitability and boost investor sentiment.

What are the revenue figures for this quarter?

Revenue performance will be critical to understanding market demand and the company's growth trajectory.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be overly pessimistic following the last quarter's miss, not accounting for potential recovery in demand and operational improvements.

Supporting Evidence

The options market is pricing a 5.47% move, suggesting expectations for volatility that could favor a positive surprise.

Historically, Soleno has a 63% EPS beat rate, indicating a higher likelihood of exceeding expectations than the market may anticipate.

Key Risk

If the EPS comes in above $0.73, it could significantly shift investor sentiment and challenge the current bearish outlook.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance is crucial as it follows a disappointing result, and investors are looking for signs of improvement.

Bull Confirmed If

An EPS of $0.73 or higher would confirm the bull case and indicate a strong recovery.

Bear Confirmed If

An EPS below $0.59 would reinforce bearish sentiment and raise concerns about the company's future.

Pre-Earnings Positioning

Options Market

Implied Move

±5.47%

Historical Avg

±2.0%

Pricing rich

The options market is pricing in a significant move of 5.47%, indicating that traders expect volatility around the earnings announcement.

Options are pricing ±5.5% while SLNO has averaged ±2.0% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.4%

30d HV

81.0%

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter miss + options pricing rich in Health Care

n=30

Fade rate: 13 of 29 (45%)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Soleno beats expectations, history suggests the stock may see an average increase of around 0.64% on the following day, confirming a positive trend.

In-Line / Cautious

If results are in line with expectations, the stock may experience muted movement as investors await further guidance.

Miss

Should the company miss expectations, history suggests an average decline of about 0.20%, which could heighten concerns about its growth prospects.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on new product developments or pipeline progress.
2Management's commentary on market conditions and competitive landscape.
3Insights into operational efficiencies and cost management strategies.
4Details on customer feedback and demand trends for existing products.