Allurion Technologies Q4 EPS $(0.40) Beats $(0.51) Estimate, Sales $8.23M Beat $8.20M Estimate
Portfolio Pulse from Benzinga Newsdesk
Allurion Technologies (NYSE:ALUR) reported Q4 earnings with EPS of $(0.40), surpassing the $(0.51) estimate, and sales of $8.23M, slightly above the $8.20M estimate.
March 21, 2024 | 12:03 pm
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Allurion Technologies reported better-than-expected Q4 earnings and sales, with an EPS of $(0.40) and revenue of $8.23M.
Beating both EPS and sales estimates typically leads to positive investor sentiment and can result in a short-term stock price increase. The significant beat on the EPS estimate and the slight beat on sales forecasts indicate operational efficiency and potential for growth, positively impacting investor confidence.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100