Shattuck Labs Q1 2024 GAAP EPS $(0.37) Beats $(0.46) Estimate, Sales $1.115M Beat $228.500K Estimate
Portfolio Pulse from Benzinga Newsdesk
Shattuck Labs (NASDAQ:STTK) reported Q1 2024 earnings with a GAAP EPS of $(0.37), surpassing the $(0.46) estimate, and sales of $1.115M, exceeding the $228.500K estimate. This represents a significant improvement over the previous year's performance.
May 02, 2024 | 12:11 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Shattuck Labs reported a smaller than expected quarterly loss and a significant sales beat for Q1 2024, indicating strong performance and growth.
Beating both EPS and sales estimates by a wide margin suggests operational efficiency and potential market growth. The substantial year-over-year sales increase further highlights the company's growth trajectory, likely leading to positive investor sentiment and a potential short-term uptick in STTK's stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100