Merus Q3 EPS $(0.43) Beats $(0.75) Estimate, Sales $11.03M Beat $10.38M Estimate
Portfolio Pulse from Benzinga Newsdesk
Merus (NASDAQ:MRUS) reported Q3 earnings per share of $(0.43), beating the analyst consensus estimate of $(0.75) by 42.67%. This is an 18.87% increase over losses from the same period last year. The company also reported quarterly sales of $11.03M, beating the analyst consensus estimate of $10.38M by 6.29%, a 67.65% increase over sales from the same period last year.
November 02, 2023 | 9:29 pm
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POSITIVE IMPACT
Merus reported better than expected Q3 earnings and sales, which could positively impact its stock price.
Merus reported Q3 earnings and sales that beat analyst estimates. This is generally seen as positive news and could lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100