ReutersReuters

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

  • Karyopharm Therapeutics Inc KPTI reported a quarterly adjusted loss of 32 cents​​ per share for the quarter ended in March, lower than the same quarter last year, when the company reported EPS of -30 cents. The mean expectation of seven analysts for the quarter was for a loss of 33 cents per share. Wall Street expected results to range from -37 cents to -28 cents per share.

  • Revenue fell 14.4% to $33.13 million from a year ago; analysts expected $34.47 million.

  • Karyopharm Therapeutics Inc's reported EPS for the quarter was a loss of 32 cents​.

  • The company reported a quarterly loss of $37.36 million.

  • Karyopharm Therapeutics Inc shares had fallen by 27.2% this quarter and gained 27.2% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 11.8% in the last three months.​

  • In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "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 Karyopharm Therapeutics Inc is $5.00

This summary was machine generated from LSEG data May 8 at 02:23 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

Mar. 31 2024

-0.33

-0.32

Beat

Dec. 31 2023

-0.31

-0.36

Missed

Sep. 30 2023

-0.28

-0.30

Missed

Jun. 30 2023

-0.34

-0.29

Beat

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