Caribou Biosciences Third Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag

Simply Wall St.11-08

Caribou Biosciences (NASDAQ:CRBU) Third Quarter 2024 Results Key Financial Results Revenue: US$2.02m (down 91% from 3Q 2023). Net loss: US$34.7m (loss widened by 247% from 3Q 2023). US$0.38 loss per ...

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All figures shown in the chart above are for the trailing 12 month  period. Revenue missed analyst estimates by 35%. Earnings per share  exceeded analyst estimates by 14%.Looking ahead, revenue is forecast to grow 64% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Biotechs industry in the US.The company's shares are up 42% from a week ago.Before we wrap up, we've discovered 4 warning signs for Caribou Biosciences (1 makes us a bit uncomfortable!","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"CRBU":"Caribou Biosciences"},"translate_title":"Caribou Biosciences 2024年第三季度收益：每股收益超出预期，收入滞后","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CRBU":1},"content_text":"Caribou Biosciences (NASDAQ:CRBU) Third Quarter 2024 Results\nKey Financial Results\n\nRevenue: US$2.02m (down 91% from 3Q 2023).\nNet loss: US$34.7m (loss widened by 247% from 3Q 2023).\nUS$0.38 loss per share (further deteriorated from US$0.12 loss in 3Q 2023).\n\n\n\n\n  NasdaqGS:CRBU Earnings and Revenue History November 8th 2024\n \n\nAll figures shown in the chart above are for the trailing 12 month (TTM) period\nCaribou Biosciences EPS Beats Expectations, Revenues Fall Short\n Revenue missed analyst estimates by 35%. Earnings per share (EPS) exceeded analyst estimates by 14%. \n Looking ahead, revenue is forecast to grow 64% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Biotechs industry in the US. \nPerformance of the American Biotechs industry.\n The company's shares are up 42% from a week ago. \nRisk Analysis\n Before we wrap up, we've discovered 4 warning signs for Caribou Biosciences (1 makes us a bit uncomfortable!) that you should be aware of. \nHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2481761741"}