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


