Beigene Ltd expected to post a loss of $1.20 a share - Earnings Preview

Reuters
08 Nov 2024
Beigene Ltd <bgne.oq> expected to post a loss of $1.20 a share - Earnings Preview </bgne.oq>
  • Beigene Ltd BGNE.OQ, BGNE.O is expected to show a rise in quarterly revenue when it reports results on November 12 for the period ending September 30 2024

  • The George Town Cayman Islands-based company is expected to report a 25.4% increase in revenue to $979.783 million from $781.31 million a year ago, according to the mean estimate from 9 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for Beigene Ltd is for a loss of $1.20 per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 22 "strong buy" or "buy," 2 "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 Beigene Ltd is $285.00​, above​ its last closing price of $206.82. ​​​

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

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Jun. 30 2024

-2.10

-2.15

-1.15

Beat

46.5

Mar. 31 2024

-2.96

-2.93

-2.41

Beat

17.7

Dec. 31 2023

-3.24

-3.96

-3.53

Beat

10.8​

Jan. 1 0001

-3.11

-3.11

-1.20

Beat

61.4

​​Jun. 30 2023

-2.36

-2.81

-3.64

Missed

-29.5

Mar. 31 2023

-3.77

-3.77

-3.34

Beat

11.4​

Dec. 31 2022

-4.27

-4.16

-4.29

Missed

-3.1

Sep. 30 2022

-5.39

-5.40

-5.39

Beat

0.1

This summary was machine generated November 8 at 15:50 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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