Stock Track | Galapagos NV Plunges 7.09% in Pre-market Trading Despite Beating Estimates, as Earnings and Revenue Decline Year-over-Year

Stock Track

02-13

Galapagos NV (GLPG) witnessed a pre-market plunge of 7.09% on Thursday, as investors reacted to the company's mixed earnings results for the fourth quarter and full-year 2024.

Although Galapagos reported better-than-expected earnings per share of $0.30 for the fourth quarter, beating analyst estimates of $(0.35), and revenue of $80.58 million, surpassing expectations of $69.30 million, the company's year-over-year numbers showed declines.

For the full year 2024, Galapagos reported earnings of 1.12 euros ($1.16) per diluted share, down from 3.21 euros in the previous year. Additionally, while the company's revenue increased to 275.6 million euros from 239.7 million euros in 2023, the year-over-year decline in earnings appears to have raised concerns among investors regarding Galapagos' future growth prospects.

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Additionally, while the company's revenue increased to 275.6 million euros from 239.7 million euros in 2023, the year-over-year decline in earnings appears to have raised concerns among investors regarding Galapagos' future growth prospects.</p>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GLPG","symbol_name":"Galapagos NV","start_time":0,"source_url":"","article_id":"1171878123","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1171878123","pubTimestamp":1739437944,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Galapagos NV  witnessed a pre-market plunge of 7.09% on Thursday, as investors reacted to the company's mixed earnings results for the fourth quarter and full-year 2024.Although Galapagos reported better-than-expected earnings per share of $0.30 for the fourth quarter, beating analyst estimates of $, and revenue of $80.58 million, surpassing expectations of $69.30 million, the company's year-over-year numbers showed declines.For the full year 2024, Galapagos reported earnings of 1.12 euros  per ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"GLPG":"Galapagos NV"},"translate_title":"尽管超出预期，但由于盈利和收入同比下降，股票跟踪Galapagos NV在盘前交易中暴跌7.09%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GLPG":1},"content_text":"Galapagos NV (GLPG) witnessed a pre-market plunge of 7.09% on Thursday, as investors reacted to the company's mixed earnings results for the fourth quarter and full-year 2024.\nAlthough Galapagos reported better-than-expected earnings per share of $0.30 for the fourth quarter, beating analyst estimates of $(0.35), and revenue of $80.58 million, surpassing expectations of $69.30 million, the company's year-over-year numbers showed declines.\nFor the full year 2024, Galapagos reported earnings of 1.12 euros ($1.16) per diluted share, down from 3.21 euros in the previous year. 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