Destiny Pharma (DEST) Issues Quarterly Earnings Results, Misses Estimates By $0.10 EPS

Destiny Pharma (LON:DEST) released its quarterly earnings data on Thursday. The company reported GBX (8.40) (($0.12)) earnings per share (EPS) for the quarter, missing the consensus estimate of GBX (8.30) (($0.12)) by GBX (0.10) ($0.00), Bloomberg Earnings reports.

LON DEST opened at GBX 129 ($1.82) on Friday. Destiny Pharma has a 1-year low of GBX 111 ($1.57) and a 1-year high of GBX 235 ($3.32).

Separately, FinnCap reissued a “corporate” rating and set a GBX 250 ($3.53) price target on shares of Destiny Pharma in a report on Thursday.

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Destiny Pharma Company Profile

Destiny Pharma plc, a biotechnology company, focuses on the development of novel medicines for the treatment of infectious diseases in the United Kingdom. It is involved in developing XF-73 Nasal for the treatment of post-surgical staphylococcal infections; XF-73 Throat for the treatment of staphylococcal hospital/ventilator pneumonia infections; XF-70 Dermal for the treatment of skin burn wound infections of antibiotic resistant bacteria; and XF-70 Lung for the treatment of bacterial biofilm-associated infections.

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