Examining the Future: Theratechnologies's Earnings Outlook
Theratechnologies THTX is preparing to release its quarterly earnings on Thursday, 2024-10-10. Here’s a brief overview of what investors should keep in mind before the announcement.
Analysts expect Theratechnologies to report an earnings per share (EPS) of $0.03.
Investors in Theratechnologies are eagerly awaiting the company’s announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It’s worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
Earnings History Snapshot
In the previous earnings release, the company beat EPS by $0.04, leading to a 3.33% drop in the share price the following trading session.
Here’s a look at Theratechnologies’s past performance and the resulting price change:
Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
---|---|---|---|---|
EPS Estimate | -0.02 | -0.12 | -0.24 | -0.29 |
EPS Actual | 0.02 | -0.10 | -0.08 | -0.03 |
Price Change % | -3.0% | 1.0% | -5.0% | 23.0% |
Market Performance of Theratechnologies’s Stock
Shares of Theratechnologies were trading at $1.21 as of October 08. Over the last 52-week period, shares are down 31.35%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.
To track all earnings releases for Theratechnologies visit their earnings calendar on our site.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
Market News and Data brought to you by Benzinga APIs
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Leave a Reply