Castle Biosciences, Inc. (CSTL) Tops Q3 Earnings and Revenue Estimates
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Castle Biosciences, Inc. (CSTL) reported Q3 earnings of $0.08 per share, surpassing the Zacks Consensus Estimate of a loss of $0.06 per share. This marks a significant improvement from a loss of $0.26 per share a year ago.
November 05, 2024 | 12:30 pm
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Castle Biosciences reported better-than-expected Q3 earnings, with $0.08 per share against an expected loss of $0.06. This is a notable improvement from last year's loss of $0.26 per share.
The better-than-expected earnings report is likely to positively impact CSTL's stock price in the short term. Surpassing earnings expectations and showing significant improvement from the previous year can boost investor confidence.
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IMPORTANCE 90
RELEVANCE 100