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Market Impact: 0.25

Sangamo Therapeutics (SGMO) Reports Q1 Loss, Misses Revenue Estimates

SGMO
Corporate EarningsCompany FundamentalsAnalyst EstimatesHealthcare & Biotech

Sangamo Therapeutics reported a quarterly loss of $0.08 per share, missing the Zacks Consensus Estimate for a $0.04 loss by $0.04 per share. The loss was narrower than the $0.14 per share loss a year ago, indicating year-over-year improvement despite the miss. The headline is modestly negative for sentiment but likely a limited stock mover given the narrow scope of the update.

Analysis

Sangamo Therapeutics reported a quarterly loss of $0.08 per share, missing the Zacks Consensus Estimate for a $0.04 loss by $0.04 per share. The loss was narrower than the $0.14 per share loss a year ago, indicating year-over-year improvement despite the miss. The headline is modestly negative for sentiment but likely a limited stock mover given the narrow scope of the update.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.25

Ticker Sentiment

SGMO-0.55