PTC Therapeutics: Q2 Earnings Insights

PTC Therapeutics PTCT reported its Q2 earnings results on Thursday, August 4, 2022 at 04:01 PM.

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

Earnings

PTC Therapeutics missed estimated earnings by 60.15%, reporting an EPS of $-2.13 versus an estimate of $-1.33.

Revenue was up $48.85 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.27 which was followed by a 2.66% increase in the share price the next day.

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

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -1.51 -1.64 -1.40 -1.82
EPS Actual -1.78 -2.03 -1.89 -1.68
Revenue Estimate 147.06M 150.83M 126.44M 110.50M
Revenue Actual 148.74M 165.23M 138.74M 116.68M

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.

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