Clovis Oncology Announces Third Quarter 2018 Operating Results

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Clovis Oncology (CLVS) PT Slashed 74% to $19 at RBC Capital

October 31, 2018 7:14 AM EDT

RBC Capital analyst Kennen MacKay lowered the price target on Clovis Oncology (NASDAQ: CLVS) to $19.00 (from $73.00) while maintaining a Outperform rating.

MacKay notes Rubraca's PARPi competition impact sets in.

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Clovis Oncology (CLVS) Misses Q3 EPS by 11c

October 30, 2018 4:25 PM EDT

Clovis Oncology (NASDAQ: CLVS) reported Q3 EPS of ($1.71), $0.11 worse than the analyst estimate of ($1.60). Revenue for the quarter came in at $22.76 million versus the consensus estimate of $30.11 million.

As discussed last quarter, growth remains challenging in the second-line maintenance ovarian cancer setting,... More