Design Therapeutics Q3 EPS $(0.28) Beats $(0.41) Estimate
Portfolio Pulse from Benzinga Newsdesk
Design Therapeutics (NASDAQ:DSGN) reported a Q3 EPS loss of $(0.28), surpassing the consensus estimate of $(0.41) by 31.71%. The reported loss shows a 12.5% improvement from the $(0.32) per share loss in the same quarter last year.
November 13, 2023 | 10:16 pm
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Design Therapeutics reported better-than-expected Q3 EPS, showing a narrower loss than analysts anticipated and an improvement from the previous year.
Beating EPS estimates typically has a positive impact on investor sentiment, which can lead to a short-term increase in stock price. The improvement from the previous year's loss may also be viewed positively as a sign of progress in the company's operations.
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