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Stock impact report

Why Is Myriad (MYGN) Down 1% Since Last Earnings Report? [Yahoo! Finance]

Myriad Genetics, Inc. (MYGN) 
Last myriad genetics, inc. earnings: 2/6 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: myriad.com/news-center/investor-information
Company Research Source: Yahoo! Finance
Will the recent negative trend continue leading up to its next earnings release, or is Myriad due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Myriad Genetics Q4 Earnings Top Estimate, Margins Down Myriad Genetics reported adjusted earnings per share of 4 cents per share in the fourth quarter of 2023 versus the year-ago quarter's loss of 12 cents. The metric surpassed the Zacks Consensus Estimate of 2 cents by 100%. The quarter's adjustments exclude amortization expenses from acquired intangible assets, equity compensations and real estate optimization. The GAAP loss was 36 cents compared with the prior-year quarter's loss of 52 cents. For the full year, the adjusted loss was 27 cents per share compared with the year-ago period's loss of 30 cents. The metric was narrower than the Zacks Consensus Estimate of a loss of Show less Read more
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