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The phrase "an overly optimistic interpretation" is correct and usable in written English.
You can use it when discussing a viewpoint or analysis that is excessively positive or hopeful, often in a context where a more balanced perspective is warranted.
Example: "While the report highlights potential growth, it presents an overly optimistic interpretation of the market trends."
Alternatives: "an excessively positive view" or "an unrealistically hopeful analysis."
Exact(2)
This is an overly optimistic interpretation.
For some scenarios, the R&R strategy, particularly in bi-sex and female-only releases, led to elimination of competent vector (e.g., Figure S2B,C); however, we caution an overly optimistic interpretation of these results because on average, R&R releases were not as effective at reducing competent vector density as R&R/AP and AP releases.
Similar(58)
However, since the baseline scores in the control group were significantly higher, there was less possibility for improvement, and when we controlled for this 'false start' the differences in effects on health-related quality of life were no longer significant, which should be read as a warning against overly optimistic interpretations of our data.
But that gloomy view rests on an overly optimistic premise.
"We're getting an overly optimistic picture," Mr. Bea said.
"Most would discount what they say as an overly optimistic view".
The message from her mother could paint an overly optimistic picture of the congresswoman's condition.
"As a consequence they often hold an overly optimistic view of how the school is performing," he added.
Page finds himself stuck with an overly optimistic loudmouth who unfortunately is his only hope for getting home in time.
That turned out to be an overly optimistic prediction, but only just.
But operating costs and an overly optimistic valuation of some contracts erased profits.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com