Pacira BioSciences Q1 2024 Adj EPS $0.62, Inline, Sales $167.117M Beat $165.351M Estimate
Portfolio Pulse from Benzinga Newsdesk
Pacira BioSciences (NASDAQ:PCRX) reported Q1 2024 adjusted earnings of $0.62 per share, meeting analyst estimates, with sales of $167.117M surpassing the $165.351M forecast, marking a 4.23% increase from the previous year.
May 07, 2024 | 8:02 pm
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Pacira BioSciences reported Q1 2024 adjusted EPS of $0.62, aligning with expectations, and sales of $167.117M, exceeding estimates and showing a 4.23% year-over-year growth.
Meeting the EPS estimate and exceeding sales forecasts, especially with a notable year-over-year growth, is likely to be viewed positively by investors. This performance indicates solid financial health and operational efficiency, which could lead to increased investor confidence and potentially a positive short-term impact on PCRX's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100