Ginkgo Bioworks Holdings Inc reports results for the quarter ended December 31 - Earnings Summary

Reuters
02-26
Ginkgo Bioworks Holdings Inc reports results for the quarter ended December 31 - Earnings Summary
  • Ginkgo Bioworks Holdings Inc DNA.N reported a quarterly adjusted loss of $2.00​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $-4.40. The mean expectation of five analysts for the quarter was for a loss of $1.77 per share. Wall Street expected results to range from $-2.57 to $-1.30 per share.

  • Revenue rose 26.2% to $43.85 million from a year ago; analysts expected $44.46 million.

  • Ginkgo Bioworks Holdings Inc's reported EPS for the quarter was a loss of $2.00​.

  • The company reported a quarterly loss of $107.53 million.

  • Ginkgo Bioworks Holdings Inc shares had risen by 6.5% this quarter.

FORECAST CHANGES

  • The mean earnings estimate of analysts was unchanged 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 "sell" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "hold" and 4 "sell" or "strong sell."

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

Wall Street's median 12-month price target for Ginkgo Bioworks Holdings Inc is $8.00

This summary was machine generated from LSEG data February 26 at 12:01 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

Dec. 31 2024

-1.77

-2.00

Missed

Sep. 30 2024

-2.73

-0.94

Beat

Jun. 30 2024

-3.12

-2.80

Beat

Mar. 31 2024

-3.33

-3.20

Beat

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