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Akebia Therapeutics (AKBA) Reports Break-Even Earnings for Q2

Akebia Therapeutics (AKBA) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of a loss of 0.02.Thiscomparestoalossof0.02. This compares to a loss of 0.04 per share a year ago. These figures are adjusted for non-recurring items. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Akebia Therapeutics shares have added about 99.2% since the beginning of t ...