Deciphera Pharmaceuticals Q4 EPS $(0.54) Beats $(0.58) Estimate, Sales $48.30M Beat $45.92M Estimate
Portfolio Pulse from Benzinga Newsdesk
Deciphera Pharmaceuticals (NASDAQ:DCPH) reported Q4 earnings with EPS of $(0.54), surpassing the $(0.58) estimate, and sales of $48.30M, exceeding the $45.92M estimate. This represents a 10% improvement in EPS and a 32.88% increase in sales compared to the same period last year.
February 06, 2024 | 12:01 pm
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Deciphera Pharmaceuticals reported better-than-expected Q4 earnings and sales, indicating a positive trend in its financial performance.
Beating both EPS and sales estimates typically generates positive investor sentiment, potentially leading to a short-term increase in stock price. The reported year-over-year growth in both earnings and sales further strengthens the case for a positive impact on DCPH's stock price in the short term.
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