Generation Bio Co expected to post a loss of 30 cents a share - Earnings Preview

Reuters
02-28
Generation Bio Co <gbio.oq> expected to post a loss of 30 cents a share - Earnings Preview </gbio.oq>
  • Generation Bio Co GBIO.OQ GBIO.O is expected to show a fall in quarterly revenue when it reports results on March 4 (estimated) for the period ending December 31 2024

  • The Cambridge Massachusetts-based company is expected to report a 13.1% decrease in revenue to $2.5 million from $2.88 million a year ago, according to the mean estimate from 7 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for Generation Bio Co is for a loss of 30 cents per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for Generation Bio Co is $7.00​, above​ its last closing price of $0.54. ​​​

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

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Sep. 30 2024

-0.28

-0.28

-0.23

Beat

18.6

Jun. 30 2024

-0.29

-0.28

-0.31

Missed

-11.3

Mar. 31 2024

-0.40

-0.41

-1.12

Missed

-174.4​

Dec. 31 2023

-0.44

-0.45

-0.53

Missed

-18.2

​​Sep. 30 2023

-0.50

-0.50

-0.43

Beat

14.9

Jun. 30 2023

-0.50

-0.50

-0.47

Beat

5.4​

Mar. 31 2023

-0.45

-0.46

-0.53

Missed

-14.2

Dec. 31 2022

-0.58

-0.58

-0.55

Beat

5

This summary was machine generated February 28 at 11:31 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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