Nkarta Inc reports results for the quarter ended March 31 - Earnings Summary

• Nkarta Inc NKTX.OQ reported a quarterly adjusted loss of 43 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -58 cents. The mean expectation of six analysts for the quarter was for a loss of 44 cents per share. Wall Street expected results to range from -49 cents to -39 cents per share.

• Reported revenue was zero​; analysts expected zero.

• Nkarta Inc's reported EPS for the quarter was a loss of 43 cents​.

• The company reported a quarterly loss of $31.98 million.

• Nkarta Inc shares had risen by 5.4% this quarter and lost 22.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 1.5% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• Wall Street's median 12-month price target for Nkarta Inc is $14.00

This summary was machine generated from LSEG data May 14 at 08:33 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)