Theratechnologies Q4 EPS $(0.08) May Not Be Comparable To $(0.24) Estimate, Sales $23.45M Beat $23.36M Estimate
Portfolio Pulse from Benzinga Newsdesk
Theratechnologies (NASDAQ:THTX) reported Q4 earnings with losses of $(0.08) per share, surpassing the $(0.24) estimate, and sales of $23.45M, slightly above the $23.36M estimate. This represents an improvement over the previous year's performance.
February 21, 2024 | 12:33 pm
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POSITIVE IMPACT
Theratechnologies reported better than expected Q4 earnings and sales, indicating a positive trend in its financial performance.
The company's earnings per share and sales for Q4 exceeded analyst expectations, which typically leads to positive investor sentiment and could result in a short-term stock price increase. The improvement over the previous year's performance further strengthens the case for a positive outlook.
CONFIDENCE 90
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RELEVANCE 100