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0 0.00401606425702811 0.00669344042838028 0.00847835787594829 0.00981704596162438 0.0156180276662205 0.00557786702365016 0.00847835787594829
Stock impact report

Why Is Kymera Therapeutics (KYMR) Up 10.9% Since Last Earnings Report? [Yahoo! Finance]

Kymera Therapeutics, Inc. (KYMR) 
Company Research Source: Yahoo! Finance
Will the recent positive trend continue leading up to its next earnings release, or is Kymera Therapeutics due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Kymera Q2 Loss Narrower Than Expected, Pipeline in Focus Kymera Therapeutics reported a loss of 58 cents per share in the second quarter of 2024, narrower than the Zacks Consensus Estimate of a loss of 69 cents. In the year-ago quarter, Kymera reported a loss of 67 cents per share. Loss narrowed in the quarter due to higher revenues. Collaboration revenues totaled $25.6 million, which beat the Zacks Consensus Estimate of $12 million. The reported figure increased 55.3% from the year-ago quarter's level. Collaboration revenues in the second quarter were mostly earned due to the company's association with bigwig Sanofi. Quarter in Detail Research and development Show less Read more
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