BridgeBio Pharma Inc BBIO.OQ reported a quarterly adjusted loss of $1.10 per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of $-1.08. The mean expectation of sixteen analysts for the quarter was for a loss of 98 cents per share. Wall Street expected results to range from $-1.13 to -33 cents per share.
Revenue fell 33.2% to $2.73 million from a year ago; analysts expected $3.76 million.
BridgeBio Pharma Inc's reported EPS for the quarter was a loss of 86 cents.
The company reported a quarterly loss of $162.04 million.
BridgeBio Pharma Inc shares had risen by 2.6% this quarter and lost 35.3% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 1.1% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."
The average consensus recommendation for the pharmaceuticals peer group is also "buy"
Wall Street's median 12-month price target for BridgeBio Pharma Inc is 46.00
This summary was machine generated from LSEG data November 12 at 03:28 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 | -0.98 | -1.10 | Missed |
Jun. 30 2024 | -1.06 | -0.39 | Beat |
Mar. 31 2024 | -0.76 | -0.20 | Beat |
Dec. 31 2023 | -0.91 | -0.96 | Missed |
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