OncoMed Pharmaceuticals Announces First Quarter 2016 Financial Results

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OncoMed Pharmaceuticals (OMED) PT Lowered to $15 at Jefferies

May 6, 2016 8:03 AM EDT

Jefferies analyst Brian Abrahams kept a Buy rating but lowered his price target on OncoMed Pharmaceuticals (NASDAQ: OMED) to $15.00 (from $16.00) following Q1 results.

Abrahams commented, "OMED's financials and clinical trial progress were mostly in line for the quarter, and while more key data... More

OncoMed Pharma (OMED) Misses Q1 EPS by 17c

May 5, 2016 5:20 PM EDT

OncoMed Pharma (NASDAQ: OMED) reported Q1 EPS of ($0.90), $0.17 worse than the analyst estimate of ($0.73). Revenue for the quarter came in at $6.4 million versus the consensus estimate of $8.28 million.

For earnings history and earnings-related data on OncoMed Pharma (OMED) click here.

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