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.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)