* Carisma Therapeutics Inc reported a quarterly adjusted loss of 31 cents per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -53 cents. The mean expectation of four analysts for the quarter was for a loss of 26 cents per share. Wall Street expected results to range from -36 cents to -10 cents per share.
* Revenue fell 11.5% to $3.39 million from a year ago; analysts expected $5.47 million.
* Carisma Therapeutics Inc's reported EPS for the quarter was a loss of 31 cents.
* The company reported a quarterly loss of $12.7 million.
* Carisma Therapeutics Inc shares had risen by 13.1% this quarter and lost 62.1% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by about 9.6% 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 "strong 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 "buy."
Wall Street's median 12-month price target for Carisma Therapeutics Inc is $8.00 This summary was machine generated from LSEG data November 7 at 03:09 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
Sep. 30 2024 -0.26 -0.31 Missed
Jun. 30 2024 -0.30 -0.27 Beat
Mar. 31 2024 -0.43 -0.46 Missed
Dec. 31 2023 -0.55 -0.52 Beat
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