Zai Lab Ltd expected to post a loss of 65 cents a share - Earnings Preview

Reuters
25 Feb
Zai Lab Ltd <zlab.oq> expected to post a loss of 65 cents a share - Earnings Preview </zlab.oq>
  • Zai Lab Ltd ZLAB.OQ, ZLAB.O is expected to show a rise in quarterly revenue when it reports results on February 27 for the period ending December 31 2024

  • The Shanghai-based company is expected to report a 67.4% increase in revenue to $110.206 million from $65.83 million a year ago, according to the mean estimate from 6 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for Zai Lab Ltd is for a loss of 65 cents per share.

  • 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 mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for Zai Lab Ltd is $50.00​, above​ its last closing price of $32.95. ​​​

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

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Sep. 30 2024

-0.77

-0.78

-0.42

Beat

46.3

Jun. 30 2024

-0.70

-0.71

-0.80

Missed

-13

Mar. 31 2024

-0.93

-0.92

-0.50

Beat

45.9​

Dec. 31 2023

-0.87

-0.86

-1.00

Missed

-16.8

​​Sep. 30 2023

-1.11

-1.04

-0.71

Beat

32

Jun. 30 2023

-0.80

-0.79

-1.25

Missed

-58.4​

Mar. 31 2023

-0.95

-0.95

-0.51

Beat

46.2

Dec. 31 2022

-1.18

-1.13

-0.65

Beat

42.7

This summary was machine generated February 25 at 13:32 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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