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Immunome lost money and missed estimates; Immunocore reported a surprise profit and beat expectations.
Immunome (IMNM) reported a quarterly loss of $0.65 per share, missing estimates by $0.08, with a negative return on equity of 77.37% and net margin of -1,687.08%.
The stock fell to $15.24 on above-average volume.
Despite a downgrade to "sell" by Wall Street Zen, the consensus rating remains "Moderate Buy" with a $23.20 target.
The company is advancing AL102 in a Phase 3 trial for desmoid tumors and has several preclinical programs.
Immunocore (IMCR) posted a surprise profit of $0.02 per share, beating estimates by $0.32, with revenue up 29.2% year-over-year.
Shares rose to $33.50, supported by strong analyst interest and a $60.89 average price target.
The company markets KIMMTRAK for uveal melanoma and is testing tebentafusp in a Phase 2/3 trial for advanced cutaneous melanoma.
Immunome perdió dinero y no cumplió con las estimaciones; Immunocore reportó una ganancia sorpresa y superó las expectativas.