Apellis Pharmaceuticals Inc APLS.OQ 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 -73 cents. The mean expectation of twenty one analysts for the quarter was for a loss of 39 cents per share. Wall Street expected results to range from -61 cents to -24 cents per share.
Revenue rose 45.2% to $212.53 million from a year ago; analysts expected $198.35 million.
Apellis Pharmaceuticals Inc's reported EPS for the quarter was a loss of 29 cents.
The company reported a quarterly loss of $36.35 million.
Apellis Pharmaceuticals Inc shares had fallen by 18.5% this quarter.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 1.9% in the last three months.
In the last 30 days, two analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy," 8 "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 Apellis Pharmaceuticals Inc is $46.00
This summary was machine generated from LSEG data February 28 at 02:31 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 | -0.39 | -0.29 | Beat |
Sep. 30 2024 | -0.30 | -0.46 | Missed |
Jun. 30 2024 | -0.32 | -0.28 | Beat |
Mar. 31 2024 | -0.47 | -0.42 | Beat |
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