Emergent BioSolutions Inc EBS.N reported quarterly adjusted earnings of 5 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -77 cents. The mean expectation of three analysts for the quarter was for a loss of 49 cents per share. Wall Street expected results to range from -64 cents to -35 cents per share.
Revenue fell 29.6% to $194.70 million from a year ago; analysts expected $254.67 million.
Emergent BioSolutions Inc's reported EPS for the quarter was a loss of 58 cents.
The company reported a quarterly loss of $31.3 million.
Emergent BioSolutions Inc shares had fallen by 21.8% this quarter.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 22.7% 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 "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and 1 "sell" or "strong sell."
The average consensus recommendation for the pharmaceuticals peer group is also "hold"
Wall Street's median 12-month price target for Emergent BioSolutions Inc is $13.50
This summary was machine generated from LSEG data March 4 at 12:53 a.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 | -0.49 | 0.05 | Beat |
Sep. 30 2024 | 0.14 | 1.37 | Beat |
Jun. 30 2024 | -0.94 | -2.32 | Missed |
Mar. 31 2024 | -0.86 | 0.59 | Beat |
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