Moderna (MRNA) Misses Q3 EPS by $1.35, Revenue Misses

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Moderna (MRNA) Shares Plunge 13% on EPS and Revenue Miss and Slashed Covid-19 Vaccine Sales Guidance

November 4, 2021 8:31 AM EDT

Shares of Moderna (NASDAQ: MRNA) are down more than 13% in pre-open Thursday after the company delivered disappointing Q3 results and guidance.

Moderna reported Q3 EPS of $7.70, a handy miss compared to the analyst estimate of $9.05. Revenue for the quarter came in at $5 billion versus the consensus estimate of $6.21 billion.

Shares were further hit by the... More