Fate Therapeutics FATE reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:01 PM.
Here's what investors need to know about the announcement.
Earnings
Fate Therapeutics beat estimated earnings by 69.35%, reporting an EPS of $-0.19 versus an estimate of $-0.62.
Revenue was up $40.57 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.28 which was followed by a 0.49% drop in the share price the next day.
Here's a look at Fate Therapeutics's past performance:
Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
---|---|---|---|---|
EPS Estimate | -0.86 | -0.89 | -0.82 | -0.76 |
EPS Actual | -0.58 | -0.86 | -0.79 | -0.68 |
Revenue Estimate | 16.72M | 15.63M | 12.91M | 9.40M |
Revenue Actual | 44.36M | 14.98M | 18.55M | 18.41M |
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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