TFF Pharmaceuticals Q2 EPS $(1.22) Beats $(1.78) Estimate, Sales $650.22K Beat $75.00K Estimate
Portfolio Pulse from Benzinga Newsdesk
TFF Pharmaceuticals (NASDAQ:TFFP) reported Q2 earnings per share (EPS) of $(1.22), beating the analyst estimate of $(1.78) by 31.46%. The company also reported sales of $650.22K, surpassing the estimate of $75.00K by 766.96%. This represents a significant improvement over the same period last year.
August 14, 2024 | 8:28 pm
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POSITIVE IMPACT
TFF Pharmaceuticals reported better-than-expected Q2 EPS and sales, showing significant improvement over the same period last year. This positive earnings surprise is likely to boost investor confidence in the short term.
The company's better-than-expected EPS and sales figures indicate strong performance and operational efficiency. Beating analyst estimates by such a large margin is likely to positively impact the stock price in the short term as it boosts investor confidence.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100