XOMA Royalty (XOMA) Reports Q3 Loss, Tops Revenue Estimates
Portfolio Pulse from
XOMA Royalty (XOMA) reported a Q3 loss of $0.39 per share, which was better than the Zacks Consensus Estimate of a $0.44 loss. This is an improvement from the $0.60 loss per share reported a year ago.
November 07, 2024 | 3:15 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
XOMA Royalty reported a Q3 loss of $0.39 per share, beating the Zacks Consensus Estimate of a $0.44 loss. This marks an improvement from the $0.60 loss per share a year ago.
XOMA's reported loss per share was better than expected, which is typically seen as a positive indicator for the stock price. The improvement from the previous year's loss also suggests positive momentum.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100