TFF Pharmaceuticals Q1 2024 GAAP EPS $(2.40) Misses $(2.26) Estimate, Sales $203.27K Beat $75.00K Estimate
Portfolio Pulse from Benzinga Newsdesk
TFF Pharmaceuticals reported Q1 2024 earnings with a GAAP EPS of $(2.40), missing the $(2.26) estimate, but sales of $203.27K exceeded the $75.00K estimate, marking a 295.25% increase from last year.
May 14, 2024 | 8:42 pm
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NEUTRAL IMPACT
TFF Pharmaceuticals missed EPS estimates but significantly beat sales forecasts for Q1 2024, showing a substantial increase in sales compared to the same period last year.
The miss in EPS estimates could negatively impact investor sentiment, while the significant beat in sales forecasts and a substantial year-over-year sales increase could counterbalance this with a positive outlook on the company's revenue growth. The mixed financial results present a neutral short-term impact as the negative and positive aspects may offset each other.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100