Zai Lab Ltd ZLAB.OQ reported a quarterly adjusted loss of 80 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $-1.00. The mean expectation of six analysts for the quarter was for a loss of 65 cents per share. Wall Street expected results to range from -74 cents to -48 cents per share.
Revenue rose 64.8% to $108.51 million from a year ago; analysts expected $110.21 million.
Zai Lab Ltd's reported EPS for the quarter was a loss of 80 cents.
The company reported a quarterly loss of $81.68 million.
Zai Lab Ltd shares had risen by 33.9% this quarter.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 6.5% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy," no "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 Zai Lab Ltd is $50.00
This summary was machine generated from LSEG data February 27 at 02:30 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 | -0.65 | -0.80 | Missed |
Sep. 30 2024 | -0.78 | -0.42 | Beat |
Jun. 30 2024 | -0.71 | -0.80 | Missed |
Mar. 31 2024 | -0.92 | -0.50 | Beat |
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