Arvinas Q2 EPS $(1.25) Beats $(1.65) Estimate, Sales $54.50M Beat $29.40M Estimate
Portfolio Pulse from Benzinga Newsdesk
Arvinas (NASDAQ:ARVN) reported Q2 earnings per share of $(1.25), beating the analyst consensus estimate of $(1.65) by 24.24%. This is a 5.3% increase over losses from the same period last year. The company also reported quarterly sales of $54.50 million, beating the analyst consensus estimate of $29.40 million by 85.37%. This is a 61.24% increase over sales from the same period last year.
August 08, 2023 | 11:25 am
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Arvinas reported better than expected Q2 earnings and sales, which could positively impact its stock price.
Arvinas reported Q2 earnings and sales that beat analyst estimates. This is generally seen as a positive sign and could lead to an increase in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100