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Rocket Pharmaceuticals: 2Q Earnings Snapshot

Last Updated Aug 5, 2020 at 6:14 am MDT

NEW YORK (AP) _ Rocket Pharmaceuticals Inc. (RCKT) on Wednesday reported a loss of $25 million in its second quarter.

The New York-based company said it had a loss of 45 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 51 cents per share.

Rocket Pharmaceuticals shares have climbed slightly more than 9% since the beginning of the year. The stock has more than doubled in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RCKT at https://www.zacks.com/ap/RCKT

The Associated Press