MiNK Therapeutics Q1 2024 GAAP EPS $(0.11) Beats $(0.15) Estimate
Portfolio Pulse from Benzinga Newsdesk
MiNK Therapeutics (NASDAQ:INKT) reported Q1 2024 GAAP EPS of $(0.11), surpassing the $(0.15) estimate by 26.67% and marking a 35.29% improvement over last year's $(0.17) per share loss.

May 14, 2024 | 11:33 am
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MiNK Therapeutics reported a smaller-than-expected Q1 2024 loss of $(0.11) per share, beating estimates and showing significant year-over-year improvement.
Beating EPS estimates typically leads to positive investor sentiment, potentially driving up the stock price in the short term. The significant improvement over the previous year's performance further strengthens the case for a positive outlook on INKT's stock.
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IMPORTANCE 90
RELEVANCE 100