Gossamer Bio Inc reports results for the quarter ended in September 30 - Earnings Summary

Reuters
2024-11-08
Gossamer Bio Inc reports results for the quarter ended in September 30 - Earnings Summary
  • Gossamer Bio Inc GOSS.OQ reported a quarterly adjusted loss of 14 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -21 cents. The mean expectation of ten analysts for the quarter was for a loss of 15 cents per share. Wall Street expected results to range from -22 cents to -1 cents per share.

  • Revenue was $9.48 million​; analysts expected $7.70 million.

  • Gossamer Bio Inc's reported EPS for the quarter was a loss of 14 cents​.

  • The company reported a quarterly loss of $30.8 million.

  • Gossamer Bio Inc shares had fallen by 10.1% this quarter and lost 2.8% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts had risen by about 22.2% 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 7 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."

  • The average consensus recommendation for the biotechnology & medical research peer group is also "buy"

Wall Street's median 12-month price target for Gossamer Bio Inc is 7.00

This summary was machine generated from LSEG data November 8 at 04:45 a.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

-0.15

-0.14

Beat

Jun. 30 2024

0.23

0.22

Missed

Mar. 31 2024

-0.19

-0.19

Met

Dec. 31 2023

-0.21

-0.21

Met

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