Adherex Technologies Inc. (FENC) Reports Q4 Loss, Misses Revenue Estimates

Adherex reported a quarterly loss of $0.11 per share versus the Zacks consensus loss of $0.03, missing by $0.08 and widening from a $0.06 loss a year ago (loss increased $0.05 year-over-year). The miss and year-over-year deterioration indicate continued operational or revenue pressure and could weigh on the stock near term given the unexpected larger loss.

Analysis

Adherex reported a quarterly loss of $0.11 per share versus the Zacks consensus loss of $0.03, missing by $0.08 and widening from a $0.06 loss a year ago (loss increased $0.05 year-over-year). The miss and year-over-year deterioration indicate continued operational or revenue pressure and could weigh on the stock near term given the unexpected larger loss.