Adicet Bio, Inc. Reports Results For The Quarter Ended June 30: Earnings Summary
ADICET Bio, Inc. reports results for the quarter ended June 30 - Earnings Summary
ADICET Bio, Inc. ACET.OQ reported a quarterly adjusted loss of $1.99 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $-5.44. The mean expectation of six analysts for the quarter was for a loss of $2.03 per share. Wall Street expected results to range from $-2.19 to $-1.93 per share.
Reported revenue was zero; analysts expected zero.
ADICET Bio, Inc.'s reported EPS for the quarter was a loss of $1.99.
The company reported a quarterly loss of $21.36 million.
ADICET Bio, Inc. shares had risen by 6.6% this quarter and gained 9.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 15% 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 "strong buy" and the breakdown of recommendations is 6 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the biotechnology & medical research peer group is "buy."
Wall Street's median 12-month price target for ADICET Bio, Inc. is $22.50, about 59.3% above its last closing price of $9.16
This summary was machine generated from LSEG data August 5 at 10:49 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 |
Jun. 30 2026 | -2.03 | -1.99 | Beat |
Mar. 31 2026 | -3.11 | -1.88 | Beat |
Dec. 31 2025 | -2.80 | -2.94 | Missed |
Sep. 30 2025 | -4.64 | -4.64 | Met |
Recent news on ADICET Bio
See all newsNASDAQ RESUMED AT 09:35 AM
NASDAQ TRADE HALT VOLATILITY TRADING PAUSE AT 09:30 AM
Brief: Adicet Bio Announces Positive Safety And Efficacy Data From Prula-Cel (Formerly Adi-001) Study In Patients With Systemic Lupus Erythematosus With Or Without Lupus Nephritis
Brief: Adicet Bio Announces FDA Clearance Of Ind Application For Adi-212
Adicet Bio, Inc. Reports Results For The Quarter Ended June 30: Earnings Summary