Stoke Therapeutics Q2 2024 GAAP EPS $(0.46) Beats $(0.56) Estimate, Sales $4.80M Beat $3.26M Estimate
Portfolio Pulse from Benzinga Newsdesk
Stoke Therapeutics reported its Q2 2024 financial results, with a GAAP EPS of $(0.46), beating the estimate of $(0.56). The company's sales were $4.80 million, surpassing the expected $3.26 million.
August 07, 2024 | 11:21 am
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Stoke Therapeutics reported better-than-expected Q2 2024 financial results, with a GAAP EPS of $(0.46) beating the $(0.56) estimate and sales of $4.80 million surpassing the $3.26 million estimate.
The better-than-expected earnings and sales figures are likely to positively impact Stoke Therapeutics' 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 90
IMPORTANCE 80
RELEVANCE 100