Design Therapeutics Q2 EPS $(0.21) Beats $(0.23) Estimate
Portfolio Pulse from Benzinga Newsdesk
Design Therapeutics (NASDAQ:DSGN) reported Q2 losses of $(0.21) per share, beating the analyst consensus estimate of $(0.23) by 8.7%. This represents a 41.67% improvement over the $(0.36) per share loss from the same period last year.
August 05, 2024 | 12:17 pm
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Design Therapeutics reported Q2 losses of $(0.21) per share, beating the analyst consensus estimate of $(0.23) by 8.7%. This is a significant improvement from the $(0.36) per share loss in the same period last year.
The better-than-expected earnings per share (EPS) and significant year-over-year improvement are likely to positively impact the stock price in the short term. Beating analyst estimates often boosts investor confidence and can lead to a stock price increase.
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IMPORTANCE 80
RELEVANCE 100