Tarsus Pharmaceuticals Q1 2024 GAAP EPS $(1.01) Beats $(1.20) Estimate, Sales $27.614M Beat $17.460M Estimate
Portfolio Pulse from Benzinga Newsdesk
Tarsus Pharmaceuticals (NASDAQ:TARS) reported Q1 2024 earnings with a GAAP EPS of $(1.01), surpassing the $(1.20) estimate, and sales of $27.614M, exceeding the $17.460M forecast. This represents a significant improvement in sales compared to the same period last year.
May 08, 2024 | 8:33 pm
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Tarsus Pharmaceuticals reported a better-than-expected Q1 2024 earnings, with EPS and sales beating estimates significantly.
The positive earnings report, especially the significant sales increase, is likely to instill investor confidence and could lead to a short-term uptick in TARS stock price. Beating both EPS and sales estimates by wide margins demonstrates strong company performance and potential for growth, making it an attractive investment.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100