Kura Oncology: Q4 Earnings Snapshot

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SAN DIEGO (AP) — SAN DIEGO (AP) — Kura Oncology Inc. (KURA) on Wednesday reported a loss of $19.2 million in its fourth quarter.

The San Diego-based company said it had a loss of 22 cents per share.

The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 63 cents per share.

The biopharmaceutical company posted revenue of $53.9 million in the period, missing Street forecasts. Three analysts surveyed by Zacks expected $229.2 million.

For the year, the company reported a loss of $174 million, or $2.02 per share. Revenue was reported as $53.9 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KURA at https://www.zacks.com/ap/KURA

 

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