Financial Performance - Enanta Pharmaceuticals reported a quarterly loss of 1.16, representing an earnings surprise of 9.48% [1] - The company posted revenues of 18 million in the same quarter last year [2] - Over the last four quarters, Enanta has surpassed consensus EPS estimates two times and topped consensus revenue estimates three times [2] Stock Performance - Enanta Pharmaceuticals shares have declined approximately 14.8% since the beginning of the year, contrasting with the S&P 500's gain of 2.5% [3] - The current Zacks Rank for Enanta is 3 (Hold), indicating that the shares are expected to perform in line with the market in the near future [6] Future Outlook - The consensus EPS estimate for the upcoming quarter is -15.6 million, and for the current fiscal year, it is -64.77 million [7] - The outlook for the Medical - Drugs industry, to which Enanta belongs, is currently in the top 34% of over 250 Zacks industries, suggesting a favorable environment for stock performance [8]
Enanta Pharmaceuticals (ENTA) Reports Q1 Loss, Tops Revenue Estimates