MyoKardia: 4Q Earnings Snapshot

February 27, 2020 GMT

SOUTH SAN FRANCISCO, Calif. (AP) _ MyoKardia Inc. (MYOK) on Thursday reported a loss of $58.8 million in its fourth quarter.

The South San Francisco, California-based company said it had a loss of $1.27 per share.

The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of $1.41 per share.

MyoKardia shares have dropped 16% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $61.48, a climb of 36% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MYOK at https://www.zacks.com/ap/MYOK