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Verastem (NASDAQ:VSTM) Issues Earnings Results, Beats Expectations By $0.08 EPS
['Latisha Jones']
Daily Political
The biopharmaceutical company reported ($0.35) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.43) by $0.08, Zacks reports.
Following the sale, the chief executive officer owned 591,242 shares of the company’s stock, valued at approximately $2,471,391.56.
Over the last 90 days, insiders sold 26,262 shares of company stock worth $111,897.
Alliance Global Partners restated a “buy” rating on shares of Verastem in a research report on Friday, May 8th.
The company’s research platform integrates insights into complex signaling networks to advance novel compounds from early discovery through clinical proof of concept.