ADC Therapeutics SA reports results for the quarter ended December 31 - Earnings Summary

Reuters
03-27
<a href="https://laohu8.com/S/ADCT">ADC Therapeutics SA</a> reports results for the quarter ended December 31 - Earnings Summary
  • ADC Therapeutics SA ADCT.N reported a quarterly adjusted loss of 29 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $-1.03. The mean expectation of six analysts for the quarter was for a loss of 41 cents per share. Wall Street expected results to range from -51 cents to -28 cents per share.

  • Revenue rose 0.7% to $16.91 million from a year ago; analysts expected $19.01 million.

  • ADC Therapeutics SA's reported EPS for the quarter was a loss of 29 cents​.

  • The company reported a quarterly loss of $30.73 million.

  • ADC Therapeutics SA shares had fallen by 20.6% this quarter.

FORECAST CHANGES

  • The mean earnings estimate of analysts had risen by about 2.3% 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 "strong buy" and the breakdown of recommendations is 6 "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 ADC Therapeutics SA is $8.00

This summary was machine generated from LSEG data March 27 at 01:30 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

Dec. 31 2024

-0.41

-0.29

Beat

Sep. 30 2024

-0.39

-0.42

Missed

Jun. 30 2024

-0.46

-0.38

Beat

Mar. 31 2024

-0.56

-0.56

Met

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