Nkarta Inc reports results for the quarter ended in June - Earnings Summary

Nkarta

10/08/2023 14:30

* Nkarta Inc  NKTX.OQ  reported a quarterly adjusted loss
of 60
cents​​ per share for the quarter ended in June. The mean
expectation of nine analysts for the quarter was for a loss
of 68 cents per share.
    * Reported revenue was zero​; analysts expected zero. 
    * Nkarta Inc's reported EPS for the quarter was a loss of 68
cents​.
    * The mean earnings estimate of analysts had risen by
about 2.6%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Nkarta Inc shares had fallen by 8.7% this quarter and
lost 66.6%
so far this year.
    * The company reported a quarterly loss of $33.29 million.
    * Wall Street's median 12-month price target for Nkarta Inc
is
$18.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 10 at 01:30 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.68          -0.60          Beat
 Mar. 31 2023      -0.70          -0.63          Beat
 Dec. 31 2022      -0.64          -0.67          Missed
 Sep. 30 2022      -0.62          -0.58          Beat