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0.000716457620676567 0.00132839224629413 0.00323261117445834 0.00836754085898899 0.0135195743063473 0.0077917141771189 0.00399087799315851 -0.000285062713797046
Stock impact report

Why Is Viking Therapeutics (VKTX) Down 29.5% Since Last Earnings Report? [Yahoo! Finance]

Viking Therapeutics, Inc. (VKTX) 
Last viking therapeutics, inc. earnings: 4/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.vikingtherapeutics.com
Company Research Source: Yahoo! Finance
Will the recent negative trend continue leading up to its next earnings release, or is Viking Therapeutics 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. Viking reported a third-quarter 2024 loss per share of 22 cents, narrower than the Zacks Consensus Estimate of a loss of 24 cents. The company had incurred a loss of 23 cents per share in the year-ago quarter. As the company lacks any marketed product in its portfolio, it did not record any revenues during the quarter. Research and development expenses totaled $22.8 million, up 24% year over year. The uptick was mainly due to increased manufacturing expenses for the company's drug candidates, along with higher employee-related costs. General and administrative expenses amounted to $13.8 million, up 55% year over year, primarily due to higher employee-related expen Show less Read more
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