Leap Therapeutics: Q4 Earnings Insights
Portfolio Pulse from Benzinga Insights
Leap Therapeutics (NASDAQ:LPTX) reported Q4 earnings, beating estimates with an EPS of $-0.46 against the expected $-0.55. However, revenue remained unchanged from the previous year. The company had previously seen a 9.0% stock price increase following last quarter's earnings beat.
March 18, 2024 | 3:10 pm
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Leap Therapeutics reported a Q4 earnings beat with an EPS of $-0.46, surpassing the estimated $-0.55, but with no change in revenue from the previous year.
Leap Therapeutics' earnings beat is likely to be viewed positively by investors, as historical data shows a 9.0% stock price increase following the last quarter's earnings beat. The consistent revenue, despite being unchanged, indicates stability. However, the overall impact might be slightly tempered by the unchanged revenue figure.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100