Plus Therapeutics Q4 EPS $(0.70) Beats $(1.07) Estimate, Sales $1.31M Beat $1.06M Estimate
Portfolio Pulse from Benzinga Newsdesk
Plus Therapeutics (NASDAQ:PSTV) reported Q4 earnings with losses of $(0.70) per share, surpassing the $(1.07) estimate, and sales of $1.31M, exceeding the $1.06M estimate. This marks significant improvements over the previous year, with a 70.83% decrease in losses and a 769.54% increase in sales.
March 05, 2024 | 9:30 pm
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POSITIVE IMPACT
Plus Therapeutics reported a significant beat on both EPS and sales estimates for Q4, with a notable year-over-year improvement in financial performance.
Beating EPS and sales estimates usually leads to positive investor sentiment, potentially driving the stock price up in the short term. The substantial improvement in financial performance compared to the previous year further strengthens the case for a positive impact on PSTV's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100