Recap: Vaxart Q4 Earnings
Portfolio Pulse from Benzinga Insights
Vaxart (NASDAQ:VXRT) reported Q4 earnings with an EPS of $-0.12, beating estimates by 14% and showing a revenue increase of $3.22 million from the previous year. The company has consistently beaten EPS estimates over the past four quarters, leading to a share price increase following last quarter's earnings.
March 14, 2024 | 8:20 pm
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Vaxart reported a positive Q4 earnings surprise with an EPS of $-0.12, surpassing estimates by 14%, and a significant year-over-year revenue increase.
Vaxart's Q4 earnings beat and consistent history of surpassing EPS estimates, coupled with a significant revenue increase from the previous year, suggest a positive short-term impact on its stock price. Historical data shows a 5.0% share price increase following last quarter's earnings beat, indicating a pattern that could repeat.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100