Twist Bioscience Corp reports results for the quarter ended June 30 - Earnings Summary

• Twist Bioscience Corp TWST.OQ reported a quarterly adjusted loss of $1.47​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -78 cents. The mean expectation of eleven analysts for the quarter was for a loss of 71 cents per share. Wall Street expected results to range from -75 cents to -67 cents per share.

• Revenue rose 21.7% to $81.46 million from a year ago; analysts expected $82.20 million.

• Twist Bioscience Corp's reported EPS for the quarter was a loss of 59 cents​.

• The company reported a quarterly loss of $34.66 million.

• Twist Bioscience Corp shares had fallen by 18.3% this quarter and gained 0.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 1.4% 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," 2 "hold" and 1 "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 Twist Bioscience Corp is $54.00

This summary was machine generated from LSEG data November 18 at 02:31 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)