For the quarter ended March 2024, Insmed (INSM) reported income of $75.5 million, up 15.8% over the identical interval final 12 months. EPS got here in at -$1.06, in comparison with -$1.17 within the year-ago quarter.
The reported income compares to the Zacks Consensus Estimate of $78.88 million, representing a shock of -4.28%. The corporate delivered an EPS shock of +13.11%, with the consensus EPS estimate being -$1.22.
Whereas traders intently watch year-over-year modifications in headline numbers — income and earnings — and the way they evaluate to Wall Road expectations to find out their subsequent plan of action, some key metrics at all times present a greater perception into an organization’s underlying efficiency.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps traders venture a inventory’s worth efficiency extra precisely.
Right here is how Insmed carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Road analysts:
- Income- Japan: $14.89 million versus the two-analyst common estimate of $17.85 million.
- Income- Europe and remainder of world: $4.26 million in comparison with the $4.07 million common estimate primarily based on two analysts.
- Income- US: $56.35 million in comparison with the $55.61 million common estimate primarily based on two analysts.
View all Key Company Metrics for Insmed here>>>
Shares of Insmed have returned -8.4% over the previous month versus the Zacks S&P 500 composite’s -0.3% change. The inventory at present has a Zacks Rank #3 (Maintain), indicating that it might carry out according to the broader market within the close to time period.
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Insmed, Inc. (INSM) : Free Stock Analysis Report
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