Recap: Merus Q1 Earnings

Merus MRUS reported its Q1 earnings results on Thursday, May 4, 2023 at 04:25 PM.

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

Merus beat estimated earnings by 15.69%, reporting an EPS of $-0.86 versus an estimate of $-1.02.

Revenue was up $1.84 million from the same period last year.

Last quarter the company missed on EPS by $0.98 which was followed by a 2.05% increase in the share price the next day.

Here's a look at Merus's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	-0.83	-0.63	-0.61	-0.62
EPS Actual	-1.81	-0.53	-0.13	-0.43
Revenue Estimate	9.70M	11.00M	10.39M	9.37M
Revenue Actual	10.67M	6.58M	12.68M	11.65M

To track all earnings releases for Merus visit their earnings calendar here.

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

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