Puma Biotechnology Q2 2024 Adj. EPS $(0.05) Beats $(0.13) Estimate, Sales $47.100M Beat $44.700M Estimate
Portfolio Pulse from Benzinga Newsdesk
Puma Biotechnology (NASDAQ:PBYI) reported Q2 2024 adjusted EPS of $(0.05), beating the $(0.13) estimate. Sales were $47.1M, surpassing the $44.7M estimate but down 13.74% from last year.
August 01, 2024 | 8:58 pm
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Puma Biotechnology reported better-than-expected Q2 2024 EPS and sales, but sales were down 13.74% year-over-year.
Puma Biotechnology's better-than-expected EPS and sales figures are likely to have a positive short-term impact on the stock price. However, the year-over-year decline in sales may temper some of the enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100