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Highly Watched TG Therapeutics Smashes Profit Views — With A Caveat
TG TherapeuticsTG Therapeutics(US:TGTX) Investors·2025-11-03 21:49

BREAKING: Futures Rise; Palantir, Robinhood Earnings AheadTG Therapeutics (TGTX) stock jumped on Monday after the biotech company reported adjusted earnings of 2.43pershareon2.43 per share on 161.7 million in third-quarter sales.On average, analysts polled by FactSet expected TG to report 22 cents earnings per share and 152.1millioninsales.Themassiveearningsbeatwasduetoaonetimetaxbenefitof152.1 million in sales. The massive earnings beat was due to a one-time tax benefit of 365 million, stemming from a deferred tax asset valuation allowance, Evercore ISI analyst Michael DiFiore said in ...