Absci Corp expected to post a loss of 21 cents a share - Earnings Preview

Reuters11-08

* Absci Corp is expected to show a rise in quarterly revenue when it reports results on November 12 for the period ending September 30 2024

* The Vancouver Washington Washington-based company is expected to report a 135.6% increase in revenue to $1.753 million from $744 thousand a year ago, according to the mean estimate from 6 analysts, based on LSEG data.

* ​LSEG's mean analyst estimate for Absci Corp is for a loss of 21 cents per share.

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

* The mean earnings estimate of analysts was unchanged in the last three months. ​

* Wall Street's median 12-month price target for Absci Corp is $7.00​, above​ its last closing price of $4.03. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jun. 30 2024 -0.19 -0.19 -0.22 Missed -12.8

Mar. 31 2024 -0.22 -0.21 -0.22 Missed -3.8

Jan. 1 0001 -0.26 -0.25 -0.25 Met -3.3​

Sep. 30 2023 -0.23 -0.23 -0.24 Missed -4.3

​​Jun. -0.24 -0.24 -0.45 Missed -84.4

30 2023

Mar. 31 2023 -0.24 -0.24 -0.26 Missed -9.9​

Dec. 31 2022 -0.25 -0.21 Beat 16.4

Sep. 30 2022 -0.28 -0.28 -0.30 Missed -6.1

This summary was machine generated November 8 at 15:57 GMT. 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)

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