Amarin Corp Q3 2024 GAAP EPS $(0.06) Misses $(0.05) Estimate, Sales $42.300M Miss $44.510M Estimate
Portfolio Pulse from Benzinga Newsdesk
Amarin Corp reported Q3 2024 earnings with a GAAP EPS of $(0.06), missing the consensus estimate of $(0.05). Sales were $42.3M, below the expected $44.51M, marking a 35.96% decrease from the previous year.
October 30, 2024 | 8:13 pm
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Amarin Corp's Q3 2024 earnings report showed a miss on both EPS and sales estimates, with a significant year-over-year sales decline.
Amarin Corp's Q3 2024 earnings missed both EPS and sales estimates, indicating weaker-than-expected financial performance. The significant year-over-year sales decline further suggests potential challenges in the company's operations or market conditions, likely leading to short-term negative pressure on the stock price.
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IMPORTANCE 80
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