Kezar Life Sciences Q3 EPS $(0.32) Beats $(0.35) Estimate, Sales $7.00K
Portfolio Pulse from Benzinga Newsdesk
Kezar Life Sciences (NASDAQ:KZR) reported Q3 EPS of $(0.32), surpassing the $(0.35) estimate by 8.57%. However, this represents a 28% increase in losses compared to $(0.25) per share from the same period last year. Sales for the quarter were reported at $7.00 thousand.
November 13, 2023 | 10:14 pm
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Kezar Life Sciences reported better-than-expected Q3 EPS but with increased losses from the previous year and minimal sales revenue.
While Kezar Life Sciences beat EPS estimates, the increase in losses year-over-year and the nominal sales figure may temper investor enthusiasm. The mixed results could lead to neutral short-term price movement as positive and negative factors may balance each other out.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100