Kura Oncology Q4 net loss widens on higher R&D spend

Kura Oncology, Inc. -2.02% Post

Kura Oncology, Inc.

KURA

8.26

8.26

-2.02%

0.00% Post


Overview

  • Biopharmaceutical firm reported $2.1 mln in Q4 net product revenue from KOMZIFTI launch

  • Company's Q4 net loss widened to $81 mln, driven by increased R&D expenses

  • Kura Oncology maintains strong cash position, expected to fund operations into late 2027


Outlook

  • Kura anticipates topline Phase 3 results for ziftomenib in 2028


Result Drivers

  • KOMZIFTI LAUNCH - KOMZIFTI generated $2.1 mln in Q4 revenue, with rapid payer coverage and positive market feedback supporting its adoption in R/R NPM1-m AML


Company press release: ID:nGNX680pl7


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 Collaboration Revenue

$2.13 mln

Q4 EPS

-$0.92

Q4 Net Income

-$81 mln

Q4 Operating Expenses

$103.60 mln


Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the biotechnology & medical research peer group is "buy"

  • Wall Street's median 12-month price target for Kura Oncology Inc is $28.00, about 227.5% above its March 4 closing price of $8.55


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


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