How did MNKD's Q4 2024 earnings surprise analysts?
4/11/2025 05:26pm
MannKind's (MNKD) Q4 2024 earnings exceeded analysts' expectations in terms of earnings per share (EPS), while revenue slightly missed projections.
1. **Earnings Per Share (EPS) Surprise**:
- MNKD reported an EPS of $0.05 for Q4 2024.
- Analysts had expected an EPS of $0.04 for the quarter.
- Thus, the EPS result exceeded expectations by $0.01, indicating a positive earnings surprise.
2. **Revenue Surprise**:
- The company's total revenue for the quarter was $76.78 million.
- Analysts had anticipated revenue slightly higher at $77.50 million.
- Therefore, MNKD's revenue fell slightly short of expectations by approximately $0.72 million.
In summary, MannKind's Q4 2024 earnings performance was generally in line with analysts' expectations, with a slight positive surprise in EPS and a minor miss in revenue.