Kiniksa Pharmaceuticals International Third Quarter 2024 Earnings: EPS Misses Expectations

In This Article:

Kiniksa Pharmaceuticals International (NASDAQ:KNSA) Third Quarter 2024 Results

Key Financial Results

  • Revenue: US$112.2m (up 67% from 3Q 2023).

  • Net loss: US$12.7m (loss narrowed by 8.4% from 3Q 2023).

  • US$0.18 loss per share (improved from US$0.20 loss in 3Q 2023).

earnings-and-revenue-history
NasdaqGS:KNSA Earnings and Revenue History October 30th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Kiniksa Pharmaceuticals International EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates.

Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Biotechs industry in the US.

Performance of the American Biotechs industry.

The company's shares are down 13% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We've done some analysis and you can see our take on Kiniksa Pharmaceuticals International's balance sheet.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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