Shattuck Labs Inc reports results for the quarter ended in December - Earnings Summary

Reuters03-01

* Shattuck Labs Inc reported a quarterly adjusted loss of 41 cents​​ per share for the quarter ended in December, higher than the same quarter last year, when the company reported EPS of -60 cents. The mean expectation of five analysts for the quarter was for a loss of 57 cents per share. Wall Street expected results to range from -68 cents to -51 cents per share.

* Revenue rose 83.1% to $714.00 thousand from a year ago; analysts expected $202.00 thousand.

* Shattuck Labs Inc's reported EPS for the quarter was a loss of 41 cents​.

* The company reported a quarterly loss of $17.69 million.

* Shattuck Labs Inc shares had risen by 26.1% this quarter.

FORECAST CHANGES

* The mean earnings estimate of analysts had fallen by about 0.5% in the last three months.​

* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

* The average consensus recommendation for the biotechnology & medical research peer group is also "buy"

Wall Street's median 12-month price target for Shattuck Labs Inc is $12.00 This summary was machine generated from LSEG data February 29 at 10:55 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,

MISSED

Dec. 31 2023 -0.57 -0.41 Beat

Sep. 30 2023 -0.52 -0.65 Missed

Jun. 30 2023 -0.52 -0.50 Beat

Mar. 31 2023 -0.63 -0.49 Beat

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