Galecto Q3 EPS $(3.39) Beats $(4.10) Estimate
Portfolio Pulse from Benzinga Newsdesk
Galecto reported a Q3 EPS of $(3.39), beating the analyst estimate of $(4.10) and showing a significant improvement from last year's $(7.50) per share loss.
November 01, 2024 | 12:37 pm
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Galecto's Q3 EPS of $(3.39) surpassed expectations of $(4.10), marking a significant improvement from the previous year's $(7.50) loss.
Galecto's reported EPS of $(3.39) is better than the expected $(4.10), indicating better-than-expected financial performance. This improvement from last year's $(7.50) loss suggests positive momentum, likely boosting investor confidence and potentially leading to a short-term stock price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100