Adverum Biotechnologies Inc expected to post a loss of $1.31 a share - Earnings Preview

Reuters

2024-11-06

* Adverum Biotechnologies Inc is expected to show a rise in quarterly revenue when it reports results for the period ending December 31 2024

* The Redwood City California-based company is expected to report revenue of $87.5 thousand, according to the mean estimate from 6 analysts, based on LSEG data.

* LSEG's mean analyst estimate for Adverum Biotechnologies Inc is for a loss of $1.31 per share.

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

* The mean earnings estimate of analysts had risen by about 8.8% in the last three months.

* Wall Street's median 12-month price target for Adverum Biotechnologies Inc is $30.00, above its last closing price of $7.72.

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

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jan. 1 0001 -1.29 -1.31 -1.30 Beat 0.5

Jun. 30 0001 -1.44 -1.47 -0.89 Beat 39.4

Mar. 31 2024 -1.55 -1.40 -1.50 Missed -6.8

Dec. 31 2023 -3.35 -3.37 -2.30 Beat 31.7

Sep. -3.06 -3.15 -3.30 Missed -4.7

30 2023

Jun. 30 2023 -3.12 -3.29 -3.10 Beat 5.7

Mar. 31 2023 -3.20 -3.20 -2.90 Beat 9.5

Dec. 31 2022 -3.72 -3.62 -3.30 Beat 8.9

This summary was machine generated November 6 at 13:49 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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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)</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Adverum Biotechnologies Inc    expected to post a loss of $1.31 a share - Earnings Preview</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAdverum Biotechnologies Inc    expected to post a loss of $1.31 a share - Earnings Preview\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-11-06 21:49</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>* Adverum Biotechnologies Inc     is expected to show a rise in quarterly revenue when it reports  results  for the period ending December 31 2024</p><p>   * The Redwood City California-based  company is expected to report revenue of $87.5 thousand, according to the mean estimate from 6 analysts, based on LSEG data.</p><p>   * LSEG's mean analyst estimate for Adverum Biotechnologies Inc is for a loss of $1.31 per share. </p><p>   * The current average analyst rating on the shares is \"buy\" and the breakdown of recommendations is 7 \"strong buy\" or \"buy,\" 1 \"hold\" and no \"sell\" or \"strong sell.\"  </p><p>   * The mean earnings estimate of analysts had risen by about 8.8% in the last three months. </p><p>   * Wall Street's median 12-month price target for Adverum Biotechnologies Inc is $30.00, above its last closing price of $7.72. </p><p>Previous quarterly performance (using preferred earnings measure in US dollars). </p><p>QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI</p><p>ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %</p><p>              E®                               MISSED  </p><p>Jan. 1 0001   -1.29       -1.31      -1.30     Beat    0.5</p><p>Jun. 30 0001  -1.44       -1.47      -0.89     Beat    39.4</p><p>Mar. 31 2024  -1.55       -1.40      -1.50     Missed  -6.8</p><p>Dec. 31 2023  -3.35       -3.37      -2.30     Beat    31.7</p><p>Sep.        -3.06       -3.15      -3.30     Missed  -4.7</p><p>30 2023                                                </p><p>Jun. 30 2023  -3.12       -3.29      -3.10     Beat    5.7</p><p>Mar. 31 2023  -3.20       -3.20      -2.90     Beat    9.5</p><p>Dec. 31 2022  -3.72       -3.62      -3.30     Beat    8.9</p><p>This summary was machine generated November 6 at 13:49 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)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ADVM","symbol_name":"Adverum Biotechnologies, Inc.","start_time":0,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2481604107","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2481604107","pubTimestamp":1730900983,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"* Adverum Biotechnologies Inc     is expected to show a rise in quarterly revenue when it reports  results  for the period ending December 31 2024   * The Redwood City California-based  company is exp","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"ADVM":"Adverum Biotechnologies, Inc."},"translate_title":"Adverum Biotechnologies Inc预计每股亏损1.31美元-收益预览","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ADVM":1},"content_text":"* Adverum Biotechnologies Inc     is expected to show a rise in quarterly revenue when it reports  results  for the period ending December 31 2024   * The Redwood City California-based  company is expected to report revenue of $87.5 thousand, according to the mean estimate from 6 analysts, based on LSEG data.   * LSEG's mean analyst estimate for Adverum Biotechnologies Inc is for a loss of $1.31 per share.    * The current average analyst rating on the shares is \"buy\" and the breakdown of recommendations is 7 \"strong buy\" or \"buy,\" 1 \"hold\" and no \"sell\" or \"strong sell.\"     * The mean earnings estimate of analysts had risen by about 8.8% in the last three months.    * Wall Street's median 12-month price target for Adverum Biotechnologies Inc is $30.00, above its last closing price of $7.72. Previous quarterly performance (using preferred earnings measure in US dollars). QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRIENDING        ARTESTIMAT  ESTIMATE             MET,    SE %              E®                               MISSED  Jan. 1 0001   -1.29       -1.31      -1.30     Beat    0.5Jun. 30 0001  -1.44       -1.47      -0.89     Beat    39.4Mar. 31 2024  -1.55       -1.40      -1.50     Missed  -6.8Dec. 31 2023  -3.35       -3.37      -2.30     Beat    31.7Sep.        -3.06       -3.15      -3.30     Missed  -4.730 2023                                                Jun. 30 2023  -3.12       -3.29      -3.10     Beat    5.7Mar. 31 2023  -3.20       -3.20      -2.90     Beat    9.5Dec. 31 2022  -3.72       -3.62      -3.30     Beat    8.9This summary was machine generated November 6 at 13:49 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)","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":"preview","news_rank":0,"symbols":[],"gpt_button":1}}}