Viking Therapeutics Q3 2024 GAAP EPS $(0.22) Beats $(0.26) Estimate
Portfolio Pulse from Benzinga Newsdesk
Viking Therapeutics reported a Q3 2024 GAAP EPS of $(0.22), beating the analyst consensus estimate of $(0.26) by 15.38%.
October 23, 2024 | 8:19 pm
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POSITIVE IMPACT
Viking Therapeutics reported a better-than-expected Q3 2024 GAAP EPS of $(0.22), surpassing the analyst estimate of $(0.26) by 15.38%. This positive earnings surprise could boost investor confidence and potentially lead to a short-term increase in the stock price.
The earnings report shows that Viking Therapeutics performed better than analysts expected, which is typically a positive signal for investors. Beating earnings estimates often leads to a short-term increase in stock price as it reflects better-than-anticipated company performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100