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.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100