2Seventy Bio Inc expected to post a loss of 26 cents a share - Earnings Preview

Reuters
03-14
<a href="https://laohu8.com/S/TSVT">2Seventy Bio Inc</a> <tsvt.oq> expected to post a loss of 26 cents a share - Earnings Preview </tsvt.oq>
  • 2Seventy Bio Inc TSVT.OQ TSVT.O is expected to show a rise in quarterly revenue when it reports results on March 17 (estimated) for the period ending December 31 2024

  • The Cambridge Massachusetts-based company is expected to report a 8.6% increase in revenue to $11.599 million from $10.68 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for 2Seventy Bio Inc is for a loss of 26 cents per share.

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 4 "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 2Seventy Bio Inc is $5.00​, above​ its last closing price of $4.95. ​​​

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

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Sep. 30 2024

-0.23

-0.24

-0.19

Beat

21.2

Jun. 30 2024

-0.76

-0.65

0.45

Beat

169.5

Mar. 31 2024

-0.79

-0.81

-1.01

Missed

-24.4​

Dec. 31 2023

-1.05

-0.99

-1.11

Missed

-12.1

​​Sep. 30 2023

-1.20

-1.03

-1.00

Beat

2.8

Jun. 30 2023

-1.09

-1.06

-0.83

Beat

22.1​

Mar. 31 2023

-1.20

-1.19

-1.08

Beat

9.5

Dec. 31 2022

-1.59

-1.61

-0.60

Beat

62.6

This summary was machine generated March 14 at 12:36 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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