Shattuck Labs Q2 EPS $(0.42) Misses $(0.41) Estimate, Sales $1.61M Beat $660.00K Estimate
Portfolio Pulse from Benzinga Newsdesk
Shattuck Labs (NASDAQ:STTK) reported Q2 EPS of $(0.42), missing the $(0.41) estimate, but achieved sales of $1.61M, significantly beating the $660K estimate. EPS improved by 16% YoY, while sales surged by 704.5% YoY.
August 01, 2024 | 8:45 pm
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Shattuck Labs reported a Q2 EPS of $(0.42), missing the $(0.41) estimate, but achieved sales of $1.61M, significantly beating the $660K estimate. EPS improved by 16% YoY, while sales surged by 704.5% YoY.
Despite missing EPS estimates by a small margin, Shattuck Labs showed significant improvement in both EPS and sales YoY. The substantial beat in sales estimates and the large YoY sales growth are likely to positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100