Inozyme Pharma Inc reports results for the quarter ended in September 30 - Earnings Summary

Reuters11-06

* Inozyme Pharma Inc reported a quarterly adjusted loss of 39 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of -29 cents. The mean expectation of nine analysts for the quarter was for a loss of 44 cents per share. Wall Street expected results to range from -46 cents to -41 cents per share.

* Reported revenue was zero​; analysts expected zero.

* Inozyme Pharma Inc's reported EPS for the quarter was a loss of 39 cents​.

* The company reported a quarterly loss of $24.57 million.

* Inozyme Pharma Inc shares had fallen by 15.5% this quarter and gained 3.8% so far this year.

FORECAST CHANGES

* The mean earnings estimate of analysts had fallen by about 0.6% 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 "buy" and the breakdown of recommendations is 9 "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 Inozyme Pharma Inc is $15.00 This summary was machine generated from LSEG data November 6 at 04:57 a.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 -0.44 -0.39 Beat

Jun. 30 2024 -0.39 -0.44 Missed

Mar. 31 2024 -0.36 -0.38 Missed

Dec. 31 2023 -0.32 -0.33 Missed

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