G1 Therapeutics Q4 EPS $(0.21) Beats $(0.28) Estimate, Sales $14.87M Beat $13.08M Estimate
Portfolio Pulse from Benzinga Newsdesk
G1 Therapeutics (NASDAQ:GTHX) reported Q4 earnings with EPS of $(0.21), surpassing the $(0.28) estimate, and sales of $14.87M, exceeding the $13.08M estimate. This represents a significant improvement over the previous year's performance.
February 28, 2024 | 11:38 am
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POSITIVE IMPACT
G1 Therapeutics reported a smaller loss per share and higher sales than expected in Q4, indicating strong performance and potential growth.
Beating both EPS and sales estimates significantly, especially with a 71.23% improvement in EPS and a 45.10% increase in sales year-over-year, suggests operational efficiency and market approval. This positive performance is likely to instill investor confidence and could lead to a short-term uptick in GTHX's stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100