Rhythm Pharmaceuticals, Inc. (RYTM) Reports Q3 Loss, Tops Revenue Estimates
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Rhythm Pharmaceuticals, Inc. (RYTM) reported a Q3 loss of $0.73 per share, which was better than the Zacks Consensus Estimate of a $0.80 loss. This is an improvement from the $0.76 loss per share reported a year ago.
November 05, 2024 | 11:30 pm
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Rhythm Pharmaceuticals reported a Q3 loss of $0.73 per share, beating the Zacks Consensus Estimate of a $0.80 loss. This indicates a positive earnings surprise.
The better-than-expected earnings report suggests a positive short-term impact on RYTM's stock price. The company reported a smaller loss than anticipated, which is often viewed favorably by investors.
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