FibroGen Q2 2024 GAAP EPS $(0.16) Beats $(0.26) Estimate, Sales $50.641M Beat $34.661M Estimate
Portfolio Pulse from Benzinga Newsdesk
FibroGen (NASDAQ:FGEN) reported Q2 2024 GAAP EPS of $(0.16), beating the $(0.26) estimate, and sales of $50.641M, surpassing the $34.661M estimate. This represents a significant improvement over the same period last year.
August 06, 2024 | 8:43 pm
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FibroGen reported better-than-expected Q2 2024 results with GAAP EPS of $(0.16) beating the $(0.26) estimate and sales of $50.641M surpassing the $34.661M estimate. This indicates a significant improvement over the same period last year.
FibroGen's better-than-expected earnings and sales figures indicate strong financial performance and operational efficiency. The significant improvement over last year's figures is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100