LSTA beat EPS expectations by 22.88%
Nov 12, 2024, 11:31 PM
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What does LSTA do
Lisata Therapeutics, based in Basking Ridge, New Jersey, focuses on developing therapies for advanced solid tumors, with its lead candidate LSTA1 enhancing anti-cancer drug penetration in tumors. The company also explores CD34+ cell therapy for various diseases, including critical limb ischemia and diabetic kidney disease.
Lisata Therapeutics (LSTA) reported a positive EPS surprise in its most recent quarterly earnings. For the most recent quarter, Lisata Therapeutics's actual EPS was -$0.59, beating the estimate of -$0.77 per share, resulting in a 22.88% surprise.
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