Recap: Nektar Therapeutics Q3 Earnings
Portfolio Pulse from Benzinga Insights
Nektar Therapeutics (NASDAQ:NKTR) reported its Q3 earnings results, beating estimated earnings by 5.0% with an EPS of $-0.19 versus an estimate of $-0.2. Revenue was up $519 thousand from the same period last year. However, the company's share price dropped by 8.94% the day after the last quarter's earnings beat.

November 07, 2023 | 9:40 pm
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Nektar Therapeutics beat Q3 earnings estimates but past performance indicates a potential share price drop.
Nektar Therapeutics beat its Q3 earnings estimates, which is generally a positive signal. However, the company's share price dropped by 8.94% the day after the last quarter's earnings beat, indicating that investors may have reacted negatively to other aspects of the earnings report. This pattern could potentially repeat itself.
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IMPORTANCE 80
RELEVANCE 100