Amneal Pharmaceuticals Q2 2024 Adj. EPS $0.16 Beats $0.14 Estimate, Sales $701.780M Beat $658.140M Estimate
Portfolio Pulse from Benzinga Newsdesk
Amneal Pharmaceuticals reported Q2 2024 adjusted EPS of $0.16, beating the estimate of $0.14. Sales were $701.780 million, surpassing the expected $658.140 million.
August 09, 2024 | 10:07 am
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Amneal Pharmaceuticals reported better-than-expected Q2 2024 results with an adjusted EPS of $0.16 and sales of $701.780 million, both surpassing analyst estimates.
The company's better-than-expected earnings and sales figures are likely to positively impact its stock price in the short term. Beating both EPS and sales estimates typically boosts investor confidence and can lead to a stock price increase.
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IMPORTANCE 90
RELEVANCE 100