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Market Impact: 0.32

Arcturus Therapeutics (ARCT) Reports Q1 Loss, Lags Revenue Estimates

ARCT
Corporate EarningsHealthcare & BiotechCompany FundamentalsAnalyst Estimates

Arcturus Therapeutics reported a quarterly loss of $0.95 per share, better than the Zacks Consensus Estimate of a $1.14 loss. That also marks an improvement from a $0.52 loss per share a year ago. The narrower-than-expected loss is a modest positive for the biotech name and could support the stock modestly.

Analysis

Arcturus Therapeutics reported a quarterly loss of $0.95 per share, better than the Zacks Consensus Estimate of a $1.14 loss. That also marks an improvement from a $0.52 loss per share a year ago. The narrower-than-expected loss is a modest positive for the biotech name and could support the stock modestly.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.25

Ticker Sentiment

ARCT0.20