BridgeBio Pharma Inc reports results for the quarter ended September 30 - Earnings Summary

Reuters
2024-11-12
BridgeBio Pharma Inc reports results for the quarter ended September 30 - Earnings Summary
  • BridgeBio Pharma Inc BBIO.OQ reported a quarterly adjusted loss of $1.10​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of $-1.08. The mean expectation of sixteen analysts for the quarter was for a loss of 98 cents per share. Wall Street expected results to range from $-1.13 to -33 cents per share.

  • Revenue fell 33.2% to $2.73 million from a year ago; analysts expected $3.76 million.

  • BridgeBio Pharma Inc's reported EPS for the quarter was a loss of 86 cents​.

  • The company reported a quarterly loss of $162.04 million.

  • BridgeBio Pharma Inc shares had risen by 2.6% this quarter and lost 35.3% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 1.1% in the last three months.​

  • In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy," 2 "hold" and no "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 BridgeBio Pharma Inc is 46.00

This summary was machine generated from LSEG data November 12 at 03:28 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)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Sep. 30 2024

-0.98

-1.10

Missed

Jun. 30 2024

-1.06

-0.39

Beat

Mar. 31 2024

-0.76

-0.20

Beat

Dec. 31 2023

-0.91

-0.96

Missed

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