Allakos Inc reports results for the quarter ended March 31 - Earnings Summary
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Allakos IncQ) reported a quarterly adjusted loss of 29 cents per share for the quarter ended March 31, an improvement from a loss of 81 cents in the same quarter last year. The company's reported revenue was zero, matching analyst expectations. Allakos shares rose 44% this quarter but are down 72.9% year-to-date. Analysts maintain a "hold" rating, with a median 12-month price target of $0.40. No earnings estimate revisions occurred in the last 30 days.
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