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Dianthus Therapeutics, Inc. (DNTH) Reports Q3 Loss, Tops Revenue Estimates
DNTHDianthus Therapeutics(DNTH) ZACKS·2024-11-07 23:36

Financial Performance - Dianthus Therapeutics, Inc. reported a quarterly loss of 0.74pershare,whichwasworsethantheZacksConsensusEstimateofalossof0.74 per share, which was worse than the Zacks Consensus Estimate of a loss of 0.59, representing an earnings surprise of -25.42% [1] - The company posted revenues of 2.17millionforthequarterendedSeptember2024,exceedingtheZacksConsensusEstimateby102.612.17 million for the quarter ended September 2024, exceeding the Zacks Consensus Estimate by 102.61%, compared to revenues of 0.92 million in the same quarter last year [2] - Over the last four quarters, the company has surpassed consensus revenue estimates three times [2] Stock Performance - Shares of Dianthus Therapeutics, Inc. have increased approximately 182.8% since the beginning of the year, significantly outperforming the S&P 500's gain of 24.3% [3] Future Outlook - The current consensus EPS estimate for the upcoming quarter is -0.65onrevenuesof0.65 on revenues of 1.07 million, and for the current fiscal year, it is -2.28onrevenuesof2.28 on revenues of 4.16 million [7] - The estimate revisions trend for the company is mixed, resulting in a Zacks Rank 3 (Hold), indicating that shares are expected to perform in line with the market in the near future [6] Industry Context - The Medical - Biomedical and Genetics industry, to which Dianthus Therapeutics, Inc. belongs, is currently ranked in the top 36% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8]