Madrigal Pharmaceuticals: Q3 Earnings Insights

Madrigal Pharmaceuticals MDGL reported its Q3 earnings results on Thursday, November 3, 2022 at 08:00 AM.

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

Earnings

Madrigal Pharmaceuticals missed estimated earnings by 14.46%, reporting an EPS of $-4.75 versus an estimate of $-4.15.

Revenue was down $0 from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.39 which was followed by a 10.68% increase in the share price the next day.

To track all earnings releases for Madrigal Pharmaceuticals visit their earnings calendar here.

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