Fate Therapeutics FATE reported its Q4 earnings results on Monday, February 26, 2024 at 04:01 PM.
Here's what investors need to know about the announcement.
Earnings
Fate Therapeutics beat estimated earnings by 13.0%, reporting an EPS of $-0.45 versus an estimate of $-0.52.
Revenue was down $42.68 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.11 which was followed by a 9.0% drop in the share price the next day.
Here's a look at Fate Therapeutics's past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.57 | -0.59 | -0.62 | -0.86 |
| EPS Actual | -0.46 | -0.54 | -0.19 | -0.58 |
| Revenue Estimate | 890K | 5.53M | 35.50M | 16.72M |
| Revenue Actual | 1.94M | 933K | 58.98M | 44.36M |
To track all earnings releases for Fate Therapeutics visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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