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PRTABearishEarningsnews
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Prothena (PRTA) Reports Q1 Loss, Lags Revenue Estimates

May 8, 2024, 7:15 PM EDT1 sourcesAI-analyzed

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What happened, with direct paths to the underlying reporting

- Prothena reported a quarterly loss of $1.34 per share, missing estimates and a year ago. - Company posted revenues of $0.05 million, missing estimates by 98.67%. - Prothena shares have lost 35.2% YTD against S&P 500's gain of 8.8%. - Management's commentary and future earnings will determine Prothena's stock movement. - Zacks Rank holds Prothena at #3 (Hold) with a mixed estimate revisions trend. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Research Analysis

  • Prothena reported a quarterly loss of $1.34 per share, missing estimates and a year ago.
  • Company posted revenues of $0.05 million, missing estimates by 98.67%.
  • Prothena shares have lost 35.2% YTD against S&P 500's gain of 8.8%.
  • Management's commentary and future earnings will determine Prothena's stock movement.
  • Zacks Rank holds Prothena at #3 (Hold) with a mixed estimate revisions trend.

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