Vera Therapeutics Q3 EPS misses estimates

Reuters
Nov 05
Vera <a href="https://laohu8.com/S/LENZ">Therapeutics</a> Q3 EPS misses estimates

Overview

  • Vera Therapeutics Q3 net loss and EPS miss analyst expectations

  • Company expects BLA submission for atacicept in Q4 2025

  • Vera maintains strong cash position, funding operations through potential atacicept launch

Outlook

  • Company expects to submit BLA for atacicept to FDA in Q4 2025

  • Vera anticipates potential U.S. launch of atacicept in 2026

  • Company expects initial PIONEER trial results in Q4 2025

Result Drivers

  • CLINICAL TRIAL PROGRESS - Vera is actively enrolling patients in PIONEER, dose range finding, and ORIGIN Extend studies for atacicept

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 EPS

Miss

-$1.26

-$1.13 (12 Analysts)

Q3 Net Income

Miss

-$80.29 mln

-$75.26 mln (10 Analysts)

Q3 Operating Income

Miss

-$83.93 mln

-$75.62 mln (11 Analysts)

Q3 Operating Expenses

$83.93 mln

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "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 Vera Therapeutics Inc is $60.00, about 59.4% above its November 4 closing price of $24.35

Press Release: ID:nGNX7LgC7F

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(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.)

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