enGene Holdings Q3 2024 GAAP EPS $(0.32) Beats $(0.35) Estimate
Portfolio Pulse from Benzinga Newsdesk
enGene Holdings reported a Q3 2024 GAAP EPS of $(0.32), beating the analyst consensus estimate of $(0.35) by 8.57%.
September 10, 2024 | 8:34 pm
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POSITIVE IMPACT
enGene Holdings reported a better-than-expected Q3 2024 GAAP EPS of $(0.32), surpassing the analyst estimate of $(0.35) by 8.57%. This positive earnings surprise could boost investor confidence and potentially lead to a short-term increase in the stock price.
The earnings report shows enGene Holdings performed better than expected, which is typically viewed positively by investors. Beating earnings estimates often leads to a short-term increase in stock price as it suggests the company is performing well.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100