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Recap: PTC Therapeutics Q4 Earnings

Author: Benzinga Insights | February 29, 2024 05:25pm

PTC Therapeutics (NASDAQ:PTCT) reported its Q4 earnings results on Thursday, February 29, 2024 at 04:01 PM.

Here's what investors need to know about the announcement.

Earnings

PTC Therapeutics missed estimated earnings by -148.0%, reporting an EPS of $-0.24 versus an estimate of $0.5.

Revenue was up $139.64 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.59 which was followed by a 23.0% drop in the share price the next day.

Here's a look at PTC Therapeutics's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate -1.17 -1.58 -1.39 -1.59
EPS Actual -1.76 -1.48 -1.88 -1.89
Revenue Estimate 210.19M 213.95M 182.62M 189.14M
Revenue Actual 196.58M 213.81M 220.38M 167.41M

To track all earnings releases for PTC Therapeutics visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: PTCT

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