Legend Biotech Corp expected to post a loss of 42 cents a share - Earnings Preview

Reuters11-09
Legend Biotech Corp <legn.oq> expected to post a loss of 42 cents a share - Earnings Preview </legn.oq>
  • Legend Biotech Corp LEGN.OQ LEGN.O is expected to show a rise in quarterly revenue when it reports results on November 12 for the period ending September 30 2024

  • The Somerset New Jersey-based company is expected to report a 49.8% increase in revenue to $143.868 million from $96.01 million a year ago, according to the mean estimate from 14 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for Legend Biotech Corp is for a loss of 42 cents per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 23 "strong buy" or "buy," 2 "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 Legend Biotech Corp is 86.00​, above​ its last closing price of $40.95. ​​​

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

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Jun. 30 2024

-0.41

-0.38

-0.10

Beat

73.8

Mar. 31 2024

-0.35

-0.34

-0.32

Beat

7.1

Dec. 31 2023

-0.94

-0.83

-0.80

Beat

3.6​

Sep. 30 2023

-0.48

-0.68

-0.34

Beat

49.8

​​Jun. 30 2023

-0.59

-0.60

-1.14

Missed

-90

Mar. 31 2023

-0.83

-0.78

-0.68

Beat

12.8​

Dec. 31 2022

-0.44

Sep. 30 2022

-0.40

This summary was machine generated November 8 at 16:34 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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