
Nektar Therapeutics (NASDAQ:NKTR) Releases Earnings Results, Beats Expectations By $0.91 EPS

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Nektar Therapeutics (NASDAQ:NKTR) reported earnings of ($1.78) per share, exceeding expectations of ($2.69) by $0.91. The company generated $21.81 million in revenue, surpassing the forecast of $10.44 million. Despite a negative net margin of 192.87% and a return on equity of -456.53%, the stock traded down 4.1% to $70.36. Analysts have a consensus rating of "Moderate Buy" with a target price of $126.29. Insider trading activity included sales by CEO Howard W. Robin and insider Jonathan Zalevsky, while institutional ownership stands at 75.88%.
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