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Vor Biopharma (NASDAQ:VOR) Issues Earnings Results, Misses Estimates By $1.61 EPS

Key Points

  • Vor Biopharma reported a loss of $2.18 earnings per share for the quarter, missing analysts' estimates by $1.61.
  • The company's stock traded down to $1.66 with a market cap of approximately $210.22 million.
  • Analysts have mixed views on the stock, with HC Wainwright upgrading it to a "strong-buy" while Wall Street Zen downgraded it to a "strong sell."
  • Need better tools to track Vor Biopharma? Try 5 Weeks of MarketBeat All Access for $5. Start Portfolio Tracking Now.

Vor Biopharma (NASDAQ:VOR - Get Free Report) issued its quarterly earnings data on Tuesday. The company reported ($2.18) earnings per share for the quarter, missing analysts' consensus estimates of ($0.57) by ($1.61), Zacks reports.

Vor Biopharma Stock Performance

NASDAQ VOR traded down $0.33 on Tuesday, reaching $1.66. The company had a trading volume of 6,536,811 shares, compared to its average volume of 7,965,030. The company has a market cap of $210.22 million, a P/E ratio of -1.10 and a beta of 2.06. Vor Biopharma has a 12 month low of $0.13 and a 12 month high of $3.29.

Analyst Ratings Changes

Several analysts have recently commented on the stock. HC Wainwright upgraded shares of Vor Biopharma from a "hold" rating to a "strong-buy" rating in a research report on Monday, June 30th. Wall Street Zen downgraded shares of Vor Biopharma to a "strong sell" rating in a research report on Saturday, June 28th.

Read Our Latest Report on Vor Biopharma

Vor Biopharma Company Profile

(Get Free Report)

Vor Biopharma, Inc, a clinical-stage company, develops engineered hematopoietic stem cell (eHSC) therapies for cancer patients. It is developing VOR33, an eHSC product candidate that is in phase 1/2 to treat acute myeloid leukemia (AML) and other hematological malignancies. The company's VOR33 eHSCs lacks CD33, a protein that is expressed by AML blood cancer cells.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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