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0 -0.00174064403829413 -0.00217580504786774 -0.00217580504786774 -0.00435161009573533 -0.00217580504786774 0.00043516100957361 0.00304612706701481
Stock impact report

Why Is Rocket Pharmaceuticals (RCKT) Down 4.8% Since Last Earnings Report? [Yahoo! Finance]

Rocket Pharmaceuticals, Inc. (RCKT) 
Last rocket pharmaceuticals, inc. earnings: 3/5 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: rocketpharma.com
Company Research Source: Yahoo! Finance
Will the recent negative trend continue leading up to its next earnings release, or is Rocket Pharmaceuticals due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Narrower Than Expected Loss in Q1 Rocket reported a loss of 66 cents per share in the first quarter of 2024, narrower than the Zacks Consensus Estimate of a loss of 69 cents. In the year-ago quarter, the company posted a loss of 73 cents. As the company lacks any marketed product in its portfolio, it did not record any revenues during the quarter. Quarter in Detail In the reported quarter, general and administrative (G&A) expenses rose 40% year over year to $22.1 million. The upside was driven by an increase in the company's commercial preparation expenses in anticipation of a potential FDA approval for Kresladi in severe LAD-I. Research and development (R& Show less Read more
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