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ADVM — Adverum Biotechnologies News Story

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Adverum Biotechnologies Inc expected to post a loss of $1.36 a share - Earnings Preview

Adverum Biotechnologies Inc ADVM.OQ ADVM.O is expected to show no change in quarterly revenue when it reports  results on March 17 (estimated) for the period ending December 31 2024

​LSEG's mean analyst estimate for Adverum Biotechnologies Inc is for a loss of $1.36 per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 1 "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 Adverum Biotechnologies Inc is $32.00​, above​ its last closing price of $4.50. ​​​

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

QUARTER ENDINGSTARMINESMARTESTIMATEÂŪLSEG IBES ESTIMATEACTUALBEAT, MET, MISSEDSURPRISE %
Sep. 30 2024-1.29-1.31-1.30Beat0.5
Jun. 30 2024-1.44-1.47-0.89Beat39.4
Mar. 31 2024-1.55-1.40-1.50Missed-6.8​
Dec. 31 2023-3.35-3.37-2.30Beat31.7
​​Sep. 30 2023-3.06-3.15-3.30Missed-4.7
Jun. 30 2023-3.12-3.29-3.10Beat5.7​
Mar. 31 2023-3.20-3.20-2.90Beat9.5
Dec. 31 2022-3.72-3.62-3.30Beat8.9
This summary was machine generated March 14 at 11:25 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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