Denali Therapeutics Inc reports results for the quarter ended December 31 - Earnings Summary

Reuters
28 Feb
Denali <a href="https://laohu8.com/S/LENZ">Therapeutics</a> Inc reports results for the quarter ended December 31 - Earnings Summary
  • Denali Therapeutics Inc DNLI.OQ reported a quarterly adjusted loss of 67 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 eighteen analysts for the quarter was for a loss of 80 cents per share. Wall Street expected results to range from $-1.13 to -34 cents per share.

  • Reported revenue was zero​; analysts expected $10.70 million.

  • Denali Therapeutics Inc's reported EPS for the quarter was a loss of 67 cents​.

  • The company reported a quarterly loss of $114.75 million.

  • Denali Therapeutics Inc shares had fallen by 7.3% this quarter.

FORECAST CHANGES

  • The mean earnings estimate of analysts had risen by about 3.9% in the last three months.​

  • In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 18 "strong buy" or "buy," 1 "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 Denali Therapeutics Inc is $37.50

This summary was machine generated from LSEG data February 27 at 09:30 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

-0.80

-0.67

Beat

Sep. 30 2024

-0.61

-0.63

Missed

Jun. 30 2024

-0.69

-0.59

Beat

Mar. 31 2024

-0.70

-0.78

Missed

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