Vir Biotechnology Inc reports results for the quarter ended December 31 - Earnings Summary

Reuters
27 Feb
Vir Biotechnology Inc reports results for the quarter ended December 31 - Earnings Summary
  • Vir Biotechnology Inc VIR.OQ reported a quarterly adjusted loss of 76 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -86 cents. The mean expectation of eight analysts for the quarter was for a loss of 87 cents per share. Wall Street expected results to range from -96 cents to -66 cents per share.

  • Revenue fell 26.3% to $12.37 million from a year ago; analysts expected $8.14 million.

  • Vir Biotechnology Inc's reported EPS for the quarter was a loss of 76 cents​.

  • The company reported a quarterly loss of $104.59 million.

  • Vir Biotechnology Inc shares had risen by 24.0% this quarter.

FORECAST CHANGES

  • The mean earnings estimate of analysts was unchanged 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 7 "strong buy" or "buy," 2 "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 Vir Biotechnology Inc is $20.00

This summary was machine generated from LSEG data February 26 at 11:31 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

-0.87

-0.76

Beat

Sep. 30 2024

-1.05

-1.56

Missed

Jun. 30 2024

-0.90

-1.02

Missed

Mar. 31 2024

-1.05

-0.48

Beat

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10