Shares of Cytokinetics (NASDAQ:CYTK) moved lower in after-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share decreased 26.47% over the past year to ($0.86), which missed the estimate of ($0.65).
Cytokinetics (NASDAQ:CYTK) reported quarterly losses of $(0.86) per share which missed the analyst consensus estimate of $(0.65) by 32.31 percent. This is a 26.47 percent decrease over losses of $(0.68) per share from
Companies Reporting Before The Bell
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Citigroup boosted International Business Machines Corporation (NYSE: IBM) price target from $140 to $150. IBM shares rose 4% to $143.41 in pre-market trading.