Immatics Q2 2024 GAAP EPS €(0.17) May Not Be Comparable To €(0.30) Estimate, Sales €18.755M Beat €13.681M Estimate
Portfolio Pulse from Benzinga Newsdesk
Immatics reported its Q2 2024 financial results with a GAAP EPS of €(0.17), which may not be comparable to the estimated €(0.30). The company also reported sales of €18.755 million, surpassing the estimated €13.681 million.

August 13, 2024 | 11:25 am
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Immatics reported a GAAP EPS of €(0.17) for Q2 2024, which may not be comparable to the estimated €(0.30). However, the company exceeded sales expectations with €18.755 million compared to the estimated €13.681 million.
The better-than-expected sales figures are likely to have a positive impact on the stock price in the short term, despite the GAAP EPS not being directly comparable to estimates.
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