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Market Impact: 0.25

Editas Medicine (EDIT) Reports Q1 Loss, Misses Revenue Estimates

EDIT
Corporate EarningsHealthcare & BiotechCompany FundamentalsAnalyst Estimates

Editas Medicine reported a quarterly loss of $0.26 per share, narrower than the Zacks Consensus Estimate for a $0.30 loss and improved from a $0.43 loss a year ago. The result is a modest earnings beat, but the article provides no revenue or guidance details. The news is likely to be modestly supportive for the stock rather than sector-moving.

Analysis

Editas Medicine reported a quarterly loss of $0.26 per share, narrower than the Zacks Consensus Estimate for a $0.30 loss and improved from a $0.43 loss a year ago. The result is a modest earnings beat, but the article provides no revenue or guidance details. The news is likely to be modestly supportive for the stock rather than sector-moving.

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mildly positive

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EDIT0.20