Halozyme Therapeutics Q4 Adj EPS $0.82 Misses $0.83 Estimate, Sales $230.04M Miss $233.19M Estimate
Portfolio Pulse from saritha@benzinga.com
Halozyme Therapeutics (NASDAQ:HALO) reported Q4 adjusted EPS of $0.82, missing the $0.83 estimate, and sales of $230.04M, missing the $233.19M estimate. This represents a 70.83% increase in earnings and a 26.75% increase in sales from the same period last year.

February 20, 2024 | 9:03 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Halozyme Therapeutics reported a slight miss in Q4 earnings and sales compared to analyst estimates, but showed significant year-over-year growth in both metrics.
While Halozyme Therapeutics missed analyst estimates for Q4 earnings and sales, the misses were marginal (1.2% for earnings and 1.35% for sales). The significant year-over-year growth in both earnings (70.83%) and sales (26.75%) could mitigate negative investor sentiment regarding the misses. The slight miss in estimates is unlikely to have a major short-term impact on the stock price, given the strong growth indicators.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100