How will SLGL's EPS trend after Q3 2024's beat?

**Sol-Gel Technologies' EPS is likely to show improvement after the Q3 2024 beat**, considering the following points: 1. **Consistent Improvement**: SLGL has shown a pattern of earnings beat expectations, with Q2 2024 being the latest report period where the company surpassed EPS and revenue estimates. This suggests a positive trend in performance. 2. **Analyst Optimism**: Despite the challenges, analysts have adjusted their estimates upward, with a forecasted growth rate of 28% per annum for revenue over the next three years, compared to the pharmaceutical industry's 10% growth forecast. This optimism could translate into higher EPS as revenue growth filters through to the bottom line. 3. **Financial Performance**: SLGL's revenue growth has been substantial, with a year-over-year increase of $4.84 million in Q2 2024. This kind of revenue acceleration can often lead to improved profitability and, consequently, higher EPS. 4. **Profitability Metrics**: The company's net income and profit margin have shown significant improvement, with a move to profitability driven by higher revenue. As this trend continues, we can expect EPS to benefit from increased profitability. 5. **Stock Performance and Analyst Ratings**: Despite past challenges, SLGL's stock has seen positive movements, such as a 15% increase from a week ago following the earnings beat announcement. This sentiment could persist if the company continues to deliver strong results. In conclusion, while there are no guarantees, the current trajectory of SLGL's financial performance, analyst optimism, and historical earnings beats suggest that the company's EPS is poised for a positive trend after Q3 2024.