Cogent Biosciences Inc reports results for the quarter ended December 31 - Earnings Summary

Reuters
26 Feb
Cogent Biosciences Inc reports results for the quarter ended December 31 - Earnings Summary
  • Cogent Biosciences Inc COGT.OQ reported a quarterly adjusted loss of 12 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -63 cents. The mean expectation of eleven analysts for the quarter was for a loss of 59 cents per share. Wall Street expected results to range from -67 cents to -45 cents per share.

  • Reported revenue was zero​; analysts expected zero.

  • Cogent Biosciences Inc's reported EPS for the quarter was a loss of 12 cents​.

  • The company reported a quarterly loss of $67.93 million.

  • Cogent Biosciences Inc shares had fallen by 4.4% this quarter.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 0.6% 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 "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."

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

Wall Street's median 12-month price target for Cogent Biosciences Inc is $16.00

This summary was machine generated from LSEG data February 25 at 08:44 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

-0.59

-0.12

Beat

Sep. 30 2024

-0.57

-0.64

Missed

Jun. 30 2024

-0.56

-0.59

Missed

Mar. 31 2024

-0.52

-0.62

Missed

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