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A Glimpse of Insmed's Earnings Potential

Benzinga ·  Oct 30 22:04

Insmed (NASDAQ:INSM) is gearing up to announce its quarterly earnings on Thursday, 2024-10-31. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Insmed will report an earnings per share (EPS) of $-1.21.

Investors in Insmed are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.

It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.

Earnings History Snapshot

Last quarter the company missed EPS by $0.67, which was followed by a 3.02% increase in the share price the next day.

Here's a look at Insmed's past performance and the resulting price change:

QuarterQ2 2024Q1 2024Q4 2023Q3 2023
EPS Estimate-1.27-1.23-1.15-1.12
EPS Actual-1.94-1.06-1.28-1.11
Price Change %3.0%-2.0%0.0%-7.000000000000001%
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To track all earnings releases for Insmed visit their earnings calendar on our site.

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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