Myriad Genetics: Q4 Earnings Insights
Portfolio Pulse from Benzinga Insights
Myriad Genetics (NASDAQ:MYGN) reported Q4 earnings with an EPS of $0.04, surpassing estimates by 300% and showing a revenue increase of $18.80 million from the previous year. This follows a pattern of beating EPS estimates and subsequent share price increases.
February 27, 2024 | 9:50 pm
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Myriad Genetics reported a significant beat on Q4 earnings estimates with a 300% increase in EPS and a notable revenue growth from the previous year.
The substantial beat on earnings estimates and the consistent pattern of outperforming expectations suggest a positive short-term impact on MYGN's stock price. Historical data shows a share price increase following earnings beats, indicating a likely continuation of this trend.
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