Exact Sciences Q3 2023 EPS $0 Up From $(0.84) YoY, Revenue $628.3M Beats $616.805M Estimate
Portfolio Pulse from Benzinga Newsdesk
Exact Sciences reported Q3 2023 earnings per share (EPS) of $0, up from $(0.84) year over year (YoY). The company's revenue of $628.3M surpassed the estimate of $616.805M.
November 01, 2023 | 8:21 pm
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POSITIVE IMPACT
Exact Sciences reported a significant improvement in its Q3 2023 EPS, and its revenue exceeded estimates. This could positively impact the company's stock.
Exact Sciences reported a significant improvement in its EPS, moving from a loss of $(0.84) per share in the same quarter last year to $0 this year. Additionally, the company's revenue of $628.3M beat the estimate of $616.805M. This strong financial performance could boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100