TESARO Announces Second-Quarter 2018 Operating Results

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Tesaro (TSRO) PT Lowered to $38 at RBC Capital

August 3, 2018 8:11 AM EDT

RBC Capital lowered its price target on Tesaro (NASDAQ: TSRO) to $38.00 (from $46.00) while maintaining a Sector Perform rating.

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TESARO (TSRO) Misses Q2 EPS by 39c, Cuts FY Revenue Guidance

August 2, 2018 4:12 PM EDT

TESARO (NASDAQ: TSRO) reported Q2 EPS of ($3.04), $0.39 worse than the analyst estimate of ($2.65). Revenue for the quarter came in at $57.2 million versus the consensus estimate of $63.34 million.

GUIDANCE:

TESARO sees FY2018 revenue of $250-265 million, versus the consensus of $302.9... More