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Market Impact: 0.22

Oncobiologics, Inc. (OTLK) Reports Q2 Loss, Lags Revenue Estimates

OTLK
Corporate EarningsAnalyst EstimatesCompany FundamentalsHealthcare & Biotech

Oncobiologics reported quarterly EPS of -$0.16, missing the Zacks Consensus Estimate of -$0.12 by $0.04 per share. The loss was narrower than the -$0.40 per share reported a year ago, but the miss versus expectations is a modest negative for the stock.

Analysis

Oncobiologics reported quarterly EPS of -$0.16, missing the Zacks Consensus Estimate of -$0.12 by $0.04 per share. The loss was narrower than the -$0.40 per share reported a year ago, but the miss versus expectations is a modest negative for the stock.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.25

Ticker Sentiment

OTLK-0.35