Taro Pharmaceutical Indus Q3 2024 GAAP EPS $0.54 Beats $0.30 Estimate
Portfolio Pulse from Benzinga Newsdesk
Taro Pharmaceutical Industries (NYSE:TARO) reported Q3 2024 earnings of $0.54 per share, surpassing the consensus estimate of $0.30 by 80%. Quarterly sales were $157.10 million, exceeding estimates by 1.42% and marking a 12.86% increase from the same period last year.
January 25, 2024 | 10:07 pm
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Taro Pharmaceutical Industries reported strong Q3 2024 results with EPS and sales beating estimates, indicating robust financial performance.
Taro Pharmaceutical's significant earnings beat and sales growth are likely to be viewed positively by investors, potentially leading to a short-term increase in stock price. The earnings beat by 80% and sales surpassing estimates, along with year-over-year growth, are strong indicators of the company's financial health and may lead to increased investor confidence.
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