Doximity Q4 2024 Adj EPS $0.25 Beats $0.20 Estimate, Sales $118.100M Beat $116.400M Estimate
Portfolio Pulse from Benzinga Newsdesk
Doximity (NYSE:DOCS) reported Q4 2024 earnings per share of $0.25, beating the analyst estimate of $0.20 by 25%. The company also reported sales of $118.1 million, surpassing the $116.4 million estimate and marking a 6.43% increase from the same period last year.
May 16, 2024 | 8:02 pm
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Doximity (NYSE:DOCS) reported Q4 2024 earnings per share of $0.25, beating the analyst estimate of $0.20 by 25%. The company also reported sales of $118.1 million, surpassing the $116.4 million estimate and marking a 6.43% increase from the same period last year.
Doximity's better-than-expected earnings per share and sales figures are likely to positively impact its stock price in the short term. Beating both EPS and sales estimates typically boosts investor confidence and can lead to a stock price increase.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100