Gastrointestinal drugmaker Jaguar Health's Q3 net loss narrows

Reuters11-17
Gastrointestinal drugmaker Jaguar Health's Q3 net loss narrows

Overview

  • Jaguar Health Q3 net revenue flat year-over-year

  • Company reports Q3 net loss of $9.5 mln, a slight improvement from last year

Result Drivers

  • R&D EXPENSES - Decrease due to conclusion of Phase 3 OnTarget clinical trial

  • G&A expense increased by approximately $0.3 million, from $3.8 million for the quarter ended September 30, 2024

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Revenue

$3.08 mln

Q3 Net Income

-$9.5 mln

Q3 Adjusted EBITDA

-$8.88 mln

Q3 Basic EPS

-$6.28

Q3 Operating Income

-$7.24 mln

Analyst Coverage

  • The one available analyst rating on the shares is "strong buy"

  • The average consensus recommendation for the pharmaceuticals peer group is "buy."

  • Wall Street's median 12-month price target for Jaguar Health Inc is $16.00, about 88.9% above its November 14 closing price of $1.78

Press Release: ID:nACSNw72Sa

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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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