Insmed (NASDAQ:INSM) reported its Q1 earnings results on Thursday, May 4, 2023 at 07:30 AM.
Here’s what investors need to know about the announcement.
Earnings
Insmed missed estimated earnings by 5.41%, reporting an EPS of $-1.17 versus an estimate of $-1.11.
Revenue was up $12.11 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.17 which was followed by a 1.47% drop in the share price the next day.
Here’s a look at Insmed’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -1.04 | -0.89 | -0.89 | -0.88 |
| EPS Actual | -1.21 | -1.09 | -0.80 | -0.80 |
| Revenue Estimate | 62.28M | 66.46M | 59.41M | 53.36M |
| Revenue Actual | 59.30M | 67.73M | 65.22M | 53.11M |
To track all earnings releases for Insmed visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
