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Foghorn Therapeutics: Q4 Earnings Insights

Benzinga ·  Mar 7 22:05

Foghorn Therapeutics (NASDAQ:FHTX) reported its Q4 earnings results on Thursday, March 7, 2024 at 07:00 AM.

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

Earnings

Foghorn Therapeutics beat estimated earnings by 25.0%, reporting an EPS of $-0.57 versus an estimate of $-0.76.

Revenue was up $1.58 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.41 which was followed by a 3.0% drop in the share price the next day.

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

QuarterQ3 2023Q2 2023Q1 2023Q4 2022
EPS Estimate-0.75-0.73-0.72-0.62
EPS Actual-0.34-0.70-0.73-0.69
Revenue Estimate4.52M6.26M5.04M8.48M
Revenue Actual17.48M5.60M5.31M4.18M

** Listen to the earnings announcement yourself by clicking here. **

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

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

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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