ProQR Q2 revenue and EPS miss estimates

Reuters08-07
ProQR <a href="https://laohu8.com/S/QTWO">Q2</a> revenue and EPS miss estimates

Overview

  • ProQR Q2 revenue and EPS miss analysts' expectations, per LSEG data

  • Co submitted CTA for AX-0810, targeting NTCP for cholestatic diseases

  • ProQR holds EUR119.8 mln cash, providing runway into mid-2027

Outlook

  • ProQR expects initial AX-0810 Phase 1 data in Q4 2025

  • Company anticipates AX-2402 clinical candidate selection in 2025

  • ProQR's cash runway extends into mid-2027, excluding Lilly milestones

Result Drivers

  • LILLY PARTNERSHIP - Achieved milestones in collaboration with Eli Lilly, contributing €1.8 mln to revenue

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q2 Revenue

Miss

EUR 3.82 mln

EUR 4.45 mln (7 Analysts)

Q2 EPS

Miss

-EUR 0.12

-EUR 0.08 (7 Analysts)

Q2 Net Income

Miss

-EUR 12.18 mln

-EUR 8.99 mln (6 Analysts)

Q2 Operating Income

Miss

-EUR 12.25 mln

-EUR 8.77 mln (5 Analysts)

Q2 Basic EPS

-EUR 0.12

Analyst Coverage

  • 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 "buy"

  • Wall Street's median 12-month price target for ProQR Therapeutics NV is $9.00, about 77.1% above its August 6 closing price of $2.06

Press Release: ID:nGNE8yKjqm

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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