Third Harmonic Bio Q1 2024 Adj EPS $(0.20) Beats $(0.31) Estimate
Portfolio Pulse from Benzinga Newsdesk
Third Harmonic Bio (NASDAQ:THRD) reported a Q1 2024 adjusted EPS of $(0.20), beating the analyst consensus estimate of $(0.31) by 35.48%.
May 15, 2024 | 12:10 pm
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POSITIVE IMPACT
Third Harmonic Bio reported a Q1 2024 adjusted EPS of $(0.20), which is significantly better than the analyst consensus estimate of $(0.31). This positive earnings surprise of 35.48% is likely to boost investor confidence and could lead to a short-term increase in the stock price.
The better-than-expected earnings report indicates that the company is performing better than analysts anticipated, which is likely to positively influence investor sentiment and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100