Overview
Pliant Q3 net loss narrows to $26.3 mln, driven by BEACON-IPF discontinuation
Company completed voluntary prepayment of Oxford Finance loan
Outlook
BEACON-IPF close out activities to be completed in Q4 2025
Result Drivers
R&D EXPENSES - Decrease primarily due to discontinuation of BEACON-IPF trial
ADMINISTRATIVE COSTS - Decline due to strategic workforce restructuring
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Net Income | -$26.30 mln | ||
Q3 Operating Expenses | -$28.27 mln | ||
Q3 Operating Income | -$28.27 mln |
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 6 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the pharmaceuticals peer group is "buy."
Wall Street's median 12-month price target for Pliant Therapeutics Inc is $3.00, about 45.3% above its November 5 closing price of $1.64
Press Release: ID:nGNX8287tf
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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