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Kura Oncology: 1Q Earnings Snapshot

SAN DIEGO (AP) _ Kura Oncology Inc. (KURA) on Tuesday reported a loss of $13.9 million in its first quarter.

The San Diego-based company said it had a loss of 37 cents per share.

The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 45 cents per share.

Kura Oncology shares have risen 10% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $15.47, a drop of 2% 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 KURA at https://www.zacks.com/ap/KURA