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Cantor Fitzgerald Weighs in on Theratechnologies Inc.'s FY2024 Earnings (NASDAQ:THTX)

Theratechnologies logo with Medical background

Theratechnologies Inc. (NASDAQ:THTX - Free Report) - Investment analysts at Cantor Fitzgerald lifted their FY2024 earnings per share (EPS) estimates for shares of Theratechnologies in a note issued to investors on Friday, October 11th. Cantor Fitzgerald analyst L. Chen now expects that the company will post earnings of $0.04 per share for the year, up from their previous forecast of $0.02. The consensus estimate for Theratechnologies' current full-year earnings is ($0.02) per share.

Theratechnologies Stock Performance

Shares of NASDAQ:THTX traded down $0.01 during trading hours on Monday, reaching $1.25. The stock had a trading volume of 69,084 shares, compared to its average volume of 45,637. Theratechnologies has a 1 year low of $0.88 and a 1 year high of $2.58. The firm's 50 day moving average is $1.27 and its 200-day moving average is $1.33. The stock has a market capitalization of $57.31 million, a price-to-earnings ratio of -6.56 and a beta of 1.41.

Theratechnologies (NASDAQ:THTX - Get Free Report) last announced its quarterly earnings data on Thursday, October 10th. The company reported $0.06 EPS for the quarter, topping analysts' consensus estimates of $0.03 by $0.03. The company had revenue of $22.60 million for the quarter. During the same period in the previous year, the company posted ($0.03) earnings per share.

About Theratechnologies

(Get Free Report)

Theratechnologies Inc, a biopharmaceutical company, focuses on the development and commercialization of various therapies to address the unmet medical needs in the United States, Canada, and Europe. The company offers EGRIFTA SV for the reduction of excess abdominal fat in human immunodeficiency virus (HIV)-infected patients with lipodystrophy; and Trogarzo for the treatment of HIV-1 infection in heavily treatment-experienced adults with multidrug-resistant HIV-1 infection failing their current antiretroviral regimen.

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