Kura Oncology Inc reports results for the quarter ended in December - Earnings Summary

Kura Oncology

27/02/2024 23:45

* Kura Oncology Inc  KURA.OQ  reported a quarterly adjusted
loss
of 55 cents​​ per share for the quarter ended in December, lower
than the same quarter last year, when the company reported EPS
of -49 cents.  The mean expectation of fourteen analysts for the
quarter was for a loss of 55 cents per share. Wall Street
expected results to range from -68 cents to -49 cents per share.
    * Reported revenue was zero​; analysts expected zero. 
    * Kura Oncology Inc's reported EPS for the quarter was a
loss
of 55 cents​.
    * The company reported a quarterly loss of $42.79 million.
    * Kura Oncology Inc shares had risen by 44.2% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 1% in
the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 13 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the biotechnology
&
medical research peer group is also "buy"

Wall Street's median 12-month price target for Kura Oncology Inc
is $32.00 
This summary was machine generated from LSEG data February 27 at
11:44 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      -0.55          -0.55          Met
 Sep. 30 2023      -0.55          -0.50          Beat
 Jun. 30 2023      -0.55          -0.53          Beat
 Mar. 31 2023      -0.54          -0.50          Beat