MannKind Q2 Adj. EPS $0.00 Beats $(0.04) Estimate, Sales $48.61M Beat $42.03M Estimate
Portfolio Pulse from Benzinga Newsdesk
MannKind reported Q2 earnings per share of $(0.02), beating the analyst consensus estimate of $(0.04) by 50%. This is an 81.82% increase over losses from the same period last year. The company also reported quarterly sales of $48.61 million, beating the analyst consensus estimate of $42.03 million by 15.66%. This is a 157.28% increase over sales from the same period last year.
August 07, 2023 | 8:01 pm
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POSITIVE IMPACT
MannKind's Q2 earnings and sales beat estimates, showing significant YoY growth. This could positively impact the stock in the short term.
MannKind's Q2 earnings per share and sales both beat analyst estimates, and showed significant year-over-year growth. This indicates a strong financial performance, which could increase investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100