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News

Recap: Beam Therapeutics Q4 Earnings

Author: Benzinga Insights | February 27, 2024 09:25am

Beam Therapeutics (NASDAQ:BEAM) reported its Q4 earnings results on Tuesday, February 27, 2024 at 06:30 AM.

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

Earnings

Beam Therapeutics beat estimated earnings by 271.0%, reporting an EPS of $1.73 versus an estimate of $-1.01.

Revenue was up $296.15 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.12 which was followed by a 3.0% drop in the share price the next day.

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

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate -1.34 -1.42 -1.34 -1.33
EPS Actual -1.22 -1.08 -1.33 -0.54
Revenue Estimate 17.49M 18.05M 14.08M 12.53M
Revenue Actual 17.19M 20.12M 24.21M 20.04M

To track all earnings releases for Beam Therapeutics visit their earnings calendar here.

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

Posted In: BEAM