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Sutro Biopharma, Inc. (STRO) Reports Q3 Loss, Tops Revenue Estimates

Sutro Biopharma, Inc. (STRO) came out with a quarterly loss of 0.67pershareversustheZacksConsensusEstimateofalossof0.67 per share versus the Zacks Consensus Estimate of a loss of 0.42. This compares to a loss of 0.59pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof59.520.59 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -59.52%. A quarter ago, it was expected that this company would post a loss of 0.39 per share when it actually produced a loss of $0.14, delivering a surprise of +64.1%.Over the last four quarters, the company has ...