• Sat. Oct 1st, 2022

Recap: Reata Pharmaceuticals Q2 Earnings

ByBenzinga Insights

Aug 8, 2022
Recap: Reata Pharmaceuticals Q2 Earnings

 

Reata Pharmaceuticals RETA reported its Q2 earnings results on Monday, August 8, 2022 at 08:00 AM.

Here’s what investors need to know about the announcement.

Earnings

Reata Pharmaceuticals beat estimated earnings by 32.67%, reporting an EPS of $-1.36 versus an estimate of $-2.02.

Revenue was down $1.46 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.82 which was followed by a 7.0% drop in the share price the next day.

Here’s a look at Reata Pharmaceuticals’s past performance:

 








Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -2.15 -2.31 -2.16 -2.08
EPS Actual -1.33 -1.59 -1.27 -1.32
Revenue Estimate 1.55M 1.63M 2.07M 1.25M
Revenue Actual 914K 934K 7.39M 2.22M

To track all earnings releases for Reata Pharmaceuticals visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.



Image and article originally from www.benzinga.com. Read the original article here.