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0 -0.000659739402935826 -0.00115454395513773 -0.000164934850733927 0.00280389246247735 0.00247402276100938 0.00346363186541318 0.00181428335807355
Stock impact report

Denali Q3 Earnings Miss Estimates, Pipeline Progress Encouraging [Yahoo! Finance]

Denali Therapeutics Inc. (DNLI) 
Last denali therapeutics inc. earnings: 8/6 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.denalitherapeutics.com
Company Research Source: Yahoo! Finance
Denali incurred a third-quarter 2024 loss of 63 cents per share, wider than the Zacks Consensus Estimate of a loss of 60 cents. The company reported a loss of 72 cents in the year-ago quarter. The bottom line improved year over year despite a rise in operating expenses, mainly due to an increase in the number of shares outstanding. In the absence of a marketed product, the company only recognizes revenues from ongoing collaborations. Denali did not generate collaboration revenues in the reported quarter. The Zacks Consensus Estimate for revenues was pegged at $21 million. In the year-ago quarter, the company recorded collaboration revenues of $1.3 million. Shares of DNLI have risen 37.9% year to date against the industry's 2.4% decline. Image Source: Zacks Investment Research Find the latest EPS estimates and surprises on Zacks Earnings Calendar Research and development expenses increased 9.5% to $98.2 million in the quarter. The increase was primarily due to rising costs Show less Read more
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