Kineta Inc reports results for the quarter ended in March - Earnings Summary

Kineta

12/05/2023 24:17

* Kineta Inc  KA.OQ  reported a quarterly adjusted loss
of 77
cents​​ per share for the quarter ended in March. The lone
analyst forecast for the quarter was for a loss of 72 cents per
share.
    * Reported revenue was zero​; analysts expected zero. 
    * Kineta Inc's reported EPS for the quarter was a loss of 77
cents​.
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Kineta Inc shares had risen by 21.1% this quarter and
lost 36.9%
so far this year.
    * The company reported a quarterly loss of $6.45 million.
    * Wall Street's median 12-month price target for Kineta Inc
is
$8.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
11 at 11:17 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.72          -0.77          Missed
                                  -2.17          
                                  -3.15