Moderna Stock Rises on Q3 Earnings & Sales Beat, Reiterates View

Moderna, Inc. (MRNA) reported earnings of 3 cents per share in the third quarter of 2024. The Zacks Consensus Estimate was a loss of $1.89 per share. In the year-ago period, management incurred a loss of$9.53 per share.Revenues in the quarter were $1.86 billion, ahead of the Zacks Consensus Estimate of$1.26 billion. Total revenues rose nearly 2% year over year, driven by higher product sales.Moderna’s shares were up nearly 8% in pre-market trading today, likely due to the better-than-expected earnings rep ...