Heron Therapeutics: Q4 Earnings Insights
Portfolio Pulse from Benzinga Insights
Heron Therapeutics (NASDAQ:HRTX) reported Q4 earnings with an EPS of $-0.07, beating estimates by 56%, and revenue up $4.21M YOY. The company has a history of beating EPS estimates, leading to significant share price increases.
March 12, 2024 | 8:50 pm
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Heron Therapeutics reported a significant beat on Q4 earnings and a year-over-year revenue increase, continuing its trend of surpassing EPS estimates.
Heron Therapeutics' consistent history of beating EPS estimates and the significant beat this quarter suggest a positive short-term impact on its stock price. The company's past performance indicates that beating EPS estimates can lead to substantial share price increases the following day.
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