Protara Q4 net loss widens on higher R&D spend

Protara Therapeutics, Inc. +1.39%

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


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