Recap: Reata Pharmaceuticals Q1 Earnings

Reata Pharmaceuticals RETA reported its Q1 earnings results on Wednesday, May 10, 2023 at 06:40 AM.

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

Earnings

Reata Pharmaceuticals beat estimated earnings by 25.21%, reporting an EPS of $-1.81 versus an estimate of $-2.42.

Revenue was down $719 thousand from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.12 which was followed by a 11.77% drop in the share price the next day.

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

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.