Tenax Therapeutics, Inc.(TENX)Earnings Date, History & Expected Move

Next report date, beat rate and options-implied move

Next report

Nov 10, 2026

TENX is scheduled to report on Nov 10, 2026. Analysts expect EPS of -$0.37.

Next report

Nov 10, 2026

In 17 days

EPS beat rate

82%

9 of 11 quarters (+1 not counted)

Avg move after earnings

±6.5%

Up 50% of the time · last 10

Options-implied move

—

No reliable options quote yet

Add to calendar

EPS: Actual vs Estimate

Reported EPS against the consensus estimate, last 12 quarters.

Green beat or met, red missed, amber sources differ.

Stock Reaction After Earnings

Close-to-close move in the first session that reflected each report.

Dashed lines mark the average actual move (±6.5%).

Did the stock rise after good news?

The next-day move after each of its last 7 EPS beats and 2 misses.

When it beat expectations

7 reports

▲ Rose 4×

▼ Fell 3×

When it missed expectations

2 reports

▲ Rose 1×

▼ Fell 1×

In plain words: it beat expectations 7 times, but the stock still fell 3 of those 7 times.

Report by report

Jul '26
Beat
▼ -9.3%
May '26
Beat
▲ +1.8%
Mar '26
Beat
▲ +31.7%
Aug '25
Beat
▲ +0.7%
May '25
Beat
▲ +0.4%
Mar '25
Beat
▼ -2.0%
Nov '24
Beat
▼ -3.1%
May '24
Missed
▼ -2.3%
Mar '24
Missed
▲ +9.6%

Clear beats and misses with a known reaction only. What counts as a beat

After an EPS beat

+2.9%

average next-day move · up 57% of 7 times

After an EPS miss

+3.7%

average next-day move · up 50% of 2 times

Why did TENX fall after beating earnings?

4 of TENX's last 9 reactions went against the EPS result. What stands out in each:

TENX beat EPS estimates in 7 quarters, and the stock still closed lower the next day 3 times. In 3 of the 3 where we have price data, the stock had already run up before the report.

Jul 31, 2026EPS beat +2.8%stock -9.3% next day
- It had risen 13.6% in the 20 trading sessions before the report, so good news may already have been priced in.
Mar 25, 2025EPS beat +57.1%stock -2.0% next day
- It had risen 6.1% in the 20 trading sessions before the report, so good news may already have been priced in.
- It opened 7.2% higher, but sellers took over and it closed -2.0%.
Nov 13, 2024EPS beat +86.1%stock -3.1% next day
- It had risen 34.2% in the 20 trading sessions before the report, so good news may already have been priced in.
- It opened 1.8% higher, but sellers took over and it closed -3.1%.

Rose despite an EPS miss (1 of 2)

Mar 28, 2024EPS missed -24.1%stock +9.6% next day
- It had already fallen 6.5% in the 20 trading sessions before the report, so weak results may have been expected.
- It opened 1.8% higher as soon as trading resumed.

Patterns in estimates and prices, not confirmed causes: how we read them.

Was TENX's earnings move already priced in?

TENX's move in the month before each of its last 10 reports, against what it did after.

Avg move in the month before

+2.1%

last 10 reports

Higher before the report

60%

of the time

After a run-up of 3%+

Fell 75%

4 reports, avg -3.5%

After a drop of 3%+

Rose 100%

3 reports, avg +14.4%

How the run-up is measured (a move of 5% or more counts as large).

Before vs after each report

Grey: the month before each of the last 10 reports. Green or red: the day after.

Past reports only. How the run-up is measured

Does TENX hold its opening gap after earnings?

TENX's opening move after each report and where it closed that day.

In 9 reports TENX opened at least 1% away from the previous close. It gave back half or more of that gap by the close 4 of 9 times (44%), and fully reversed 3 times. Gaps up faded 3 of 6; gaps down recovered 1 of 3.

May 12, 2026Held
Opened +2.7%, closed +1.8%
Mar 10, 2026Held
Opened +8.9%, closed +31.7%
Nov 12, 2025Held
Opened -1.7%, closed -4.3%
Aug 13, 2025Reversed
Opened -1.5%, closed +0.7%
May 14, 2025Faded
Opened +1.2%, closed +0.4%
Mar 25, 2025Reversed
Opened +7.2%, closed -2.0%
Nov 13, 2024Reversed
Opened +1.8%, closed -3.1%
May 14, 2024Held
Opened -3.1%, closed -2.3%

How gaps, fades and reversals are defined

What the history says

TENX has beaten EPS estimates in 8 straight quarters (quarters where our data sources disagree are skipped).
It fell after 3 of its 7 EPS beats (43%): beating estimates has not been enough on its own.

TENX earnings history

Last 12 reported quarters with the stock's reaction.

Swipe sideways to see every column →

Report date	Time	EPS est.	EPS actual	Surprise	1-day move	3-day move
Jul 31, 2026	Before open	-$0.36	-$0.35	+2.8%	-9.27%	-8.48%
May 12, 2026	Before open	-$0.40	-$0.35	+12.5%	+1.84%	-0.42%
Mar 10, 2026	Before open	-$0.41	-$0.38	+7.3%	+31.67%	+28.77%
Nov 12, 2025	After close	-$1.12	-$0.40	sources differ	-4.29%	+5.15%
Aug 13, 2025	After close	-$0.45	-$0.27	+40.0%	+0.68%	+1.69%
May 14, 2025	After close	-$0.41	-$0.28	+31.7%	+0.35%	+5.99%
Mar 25, 2025	After close	-$0.42	-$0.18	+57.1%	-2.04%	+3.67%
Nov 13, 2024	Before open	-$1.37	-$0.19	+86.1%	-3.06%	-0.61%
Aug 13, 2024	After close	-$2.25	-$1.83	+18.7%	—	—
May 14, 2024	Before open	-$3.06	-$3.12	-2.0%	-2.25%	0.00%
Mar 28, 2024	Before open	-$6.96	-$8.64	-24.1%	+9.56%	0.00%
Nov 13, 2023	After close	-$7.20	-$6.40	+11.1%	—	—

Consensus for the next report: EPS -$0.37, revenue $0.00.

TENX Earnings FAQ

Answers computed from Tenax Therapeutics, Inc.'s reported history

TENX is scheduled to report on Nov 10, 2026. Analysts expect EPS of -$0.37.

Over the last 11 quarters with a usable EPS surprise, TENX beat the consensus estimate 9 times (82%), missed 2 and landed in line 0. It has beaten estimates in each of the last 8 counted quarters. 1 quarter where our data sources disagree on beat versus miss are shown but not counted.

Across its last 10 quarters with a measured reaction, TENX moved an average of ±6.5% in the first session after reporting. It closed higher 50% of the time; the largest gain was 31.7% and the largest drop -9.3%.

TENX fell in the first session after 3 of its last 7 EPS beats (43%). A beat that was already priced in, or weaker guidance, can send a stock lower. In 3 of the 3 of those falls where price data is available, the stock had already risen before the report.

Across its last 10 quarters with price data, TENX moved an average of +2.1% in the 20 trading sessions before reporting and was higher in 60% of them. After a run-up of 3% or more (4 quarters), it fell the next day 75% of the time, averaging -3.5%. After a drop of 3% or more (3 quarters), it rose the next day 100% of the time, averaging +14.4%. This describes past reports; it is not a forecast.

In 9 reports TENX opened at least 1% away from the previous close. It gave back half or more of that gap by the close 4 of 9 times (44%), and fully reversed 3 times. A fade means the opening move was partly undone during the first session.

How we calculate these numbers · TENX: 12 reported quarters, latest Jul 31, 2026. Information only, not investment advice.

Earnings this week

Every report this week with expected moves.

Biggest expected earnings moves

Options-implied vs historical move, ranked.