Kronos Bio, Inc. (KRON) Reports Q3 Loss, Tops Revenue Estimates [Yahoo! Finance]
Kronos Bio, Inc. (KRON)
Company Research
Source: Yahoo! Finance
This compares to loss of $0.54 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 11.54%. A quarter ago, it was expected that this company would post a loss of $0.32 per share when it actually produced a loss of $0.27, delivering a surprise of 15.63%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Kronos Bio , which belongs to the Zacks Medical - Biomedical and Genetics industry, posted revenues of $2.37 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 35.43%. This compares to year-ago revenues of $0.92 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Kronos Bio share
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KRON
News
- Kronos Bio announces interim CEO and workforce cuts of 83% [Yahoo! Finance]Yahoo! Finance
- Kronos Bio Shakes Up Leadership - Cuts 83% Of Workforce Amid Strategic Overhaul [Yahoo! Finance]Yahoo! Finance
- Kronos Bio Announces CEO Transition and Reduction in ForceGlobeNewswire
- Kronos Bio Third Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]Yahoo! Finance
- Kronos Bio Highlights Preclinical Data that Show p300 KAT Inhibitors Reduce Inflammation in an Oral Presentation at ACR Convergence 2024 [Yahoo! Finance]Yahoo! Finance
KRON
Earnings
- 11/13/24 - Beat
KRON
Sec Filings
- 11/27/24 - Form 8-K
- 11/15/24 - Form EFFECT
- 11/14/24 - Form SC
- KRON's page on the SEC website