Allakos Q2 EPS $(0.30) Beats $(0.34) Estimate
Portfolio Pulse from Benzinga Newsdesk
Allakos (NASDAQ:ALLK) reported a Q2 EPS of $(0.30), beating the analyst consensus estimate of $(0.34) by 11.76%. This represents a 26.83% improvement over the $(0.41) loss per share from the same period last year.
August 07, 2024 | 8:26 pm
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Allakos reported a Q2 EPS of $(0.30), beating the analyst consensus estimate of $(0.34) by 11.76%. This is a significant improvement over the $(0.41) loss per share from the same period last year.
Beating EPS estimates and showing a significant year-over-year improvement in losses is a positive indicator for Allakos. This could lead to a short-term increase in stock price as investor sentiment improves.
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