Protara Q4 net loss widens on higher R&D spend
Protara Therapeutics, Inc. TARA | 5.11 | +1.39% |
Overview
Biotechnology firm's Q4 net loss was $17.3 mln, driven by increased R&D expenses
Company completed $86 mln public offering, cash supports operations into 2028
Outlook
Protara to provide regulatory update for TARA-002 in LMs in 1H 2026
Result Drivers
FINANCIAL POSITION - Completed $86 mln public offering, cash supports operations into 2028
Company press release: ID:nGNX10t3qG
Key Details
Metric |
Beat/Miss |
Actual |
Consensus Estimate |
Q4 EPS |
|
-$0.37 |
|
Q4 Net Income |
|
-$17.31 mln |
|
Q4 Income from Operations |
|
-$19.08 mln |
|
Q4 Operating Expenses |
|
$19.08 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", no "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 Protara Therapeutics Inc is $25.00, about 334.8% above its March 9 closing price of $5.75
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