Nuvation Bio Inc. reports results for the quarter ended June 30 - Earnings Summary
Nuvation Bio Inc. reports results for the quarter ended June 30 - Earnings Summary
Nuvation Bio Inc. NUVB.N reported a quarterly adjusted loss of 15 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -17 cents. The mean expectation of ten analysts for the quarter was for a loss of 19 cents per share. Wall Street expected results to range from -57 cents to -13 cents per share.
Revenue rose 555.6% to $31.69 million from a year ago; analysts expected $27.51 million.
Nuvation Bio Inc.'s reported EPS for the quarter was a loss of 18 cents.
The company reported a quarterly loss of $62.84 million.
Nuvation Bio Inc. shares had risen by 12.1% this quarter and lost 28.9% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 1.3% in the last three months.
In the last 30 days, two analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "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 Nuvation Bio Inc. is $12.00, about 46.9% above its last closing price of $6.37
This summary was machine generated from LSEG data August 6 at 01:31 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 |
Jun. 30 2026 | -0.19 | -0.15 | Beat |
Mar. 31 2026 | 0.01 | 0.01 | Met |
Dec. 31 2025 | -0.09 | -0.11 | Missed |
Sep. 30 2025 | -0.17 | -0.16 | Beat |
Recent news on Nuvation Bio
See all newsBrief: Nuvation Bio To Expand Pivotal Phase 3 Sigma Study Of Safusidenib For Idh1-Mutant Glioma To Six European Countries
Brief: Nuvation Bio To Report Third Quarter 2026 Financial Results And Provide Business Update On November 4, 2026
U.S. RESEARCH ROUNDUP-Everpure, Marvell Technology, Okta
Nuvation Bio Inc. reports results for the quarter ended June 30 - Earnings Summary
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