Verastem Q2 EPS $(1.06) Beats $(1.07) Estimate
Portfolio Pulse from Benzinga Newsdesk
Verastem (NASDAQ:VSTM) reported Q2 losses of $(1.06) per share, beating the analyst consensus estimate of $(1.07) by 0.93 percent. This represents a 19.7 percent increase over losses from the same period last year.
August 08, 2023 | 9:21 pm
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POSITIVE IMPACT
Verastem's Q2 earnings beat analyst estimates, showing a 19.7% improvement from last year. This could potentially boost investor confidence.
Verastem's better-than-expected Q2 earnings indicate a positive financial performance, which could potentially boost the company's stock price in the short term. The 19.7% improvement from last year's losses also shows that the company is on a positive trajectory, which could further increase investor confidence.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100