Recap: Coherus BioSciences Q4 Earnings

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Coherus BioSciences CHRS reported its Q4 earnings results on Wednesday, March 13, 2024 at 04:01 PM.

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

Earnings

Coherus BioSciences missed estimated earnings by -417.0%, reporting an EPS of $-0.62 versus an estimate of $-0.12.

Revenue was up $46.17 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.04 which was followed by a 30.0% drop in the share price the next day.

Here's a look at Coherus BioSciences's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate -0.31 -0.52 -0.57 -0.84
EPS Actual -0.27 -0.38 -0.75 -0.60
Revenue Estimate 83.56M 50.83M 47.44M 51.22M
Revenue Actual 74.57M 58.72M 32.44M 45.35M

To track all earnings releases for Coherus BioSciences visit their earnings calendar here.

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

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