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PTC Therapeutics (PTCT) Q3 Earnings: Taking a Have a look at Key Metrics Versus Estimates

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PTC Therapeutics (PTCT) reported $196.79 million in income for the quarter ended September 2024, representing a year-over-year enhance of 0.1%. EPS of -$1.39 for a similar interval compares to -$1.76 a yr in the past.

The reported income represents a shock of +13.41% over the Zacks Consensus Estimate of $173.51 million. With the consensus EPS estimate being -$1.54, the EPS shock was +9.74%.

Whereas traders intently watch year-over-year modifications in headline numbers — income and earnings — and the way they evaluate to Wall Avenue 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.

Since these metrics play an important position in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps traders higher venture a inventory’s worth efficiency.

Right here is how PTC Therapeutics carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Avenue analysts:

  • Revenues- Internet product income: $135.42 million versus the six-analyst common estimate of $111.28 million. The reported quantity represents a year-over-year change of -6%.
  • Revenues- Royalty income: $61.37 million versus the six-analyst common estimate of $62.95 million. The reported quantity represents a year-over-year change of +22.3%.
  • Revenues- Internet product revenue- Emflaza: $52 million in comparison with the $36.89 million common estimate based mostly on 4 analysts. The reported quantity represents a change of -22.4% yr over yr.
  • Revenues- Internet product revenue- Translarna: $72 million versus $65.30 million estimated by 4 analysts on common. In comparison with the year-ago quarter, this quantity represents a +4.4% change.

View all Key Company Metrics for PTC Therapeutics here>>>

Shares of PTC Therapeutics have returned +8.1% over the previous month versus the Zacks S&P 500 composite’s +3.2% change. The inventory at the moment has a Zacks Rank #3 (Maintain), indicating that it might carry out consistent with the broader market within the close to time period.

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PTC Therapeutics, Inc. (PTCT) : Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the writer and don’t essentially replicate these of Nasdaq, Inc.

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