Agenus Inc expected to post a loss of $2.83 a share - Earnings Preview

Agenus

03/05/2024 16:21

* Agenus Inc  AGEN.OQ   AGEN.O  is expected to show a rise
in
quarterly revenue when it reports  results on May 7 for the
period ending March 31 2024
    * The Lexington Massachusetts-based  company is expected to
report
a 71.5% increase in revenue to $39.268 million from $22.9
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Agenus Inc is for a loss
of
$2.83 per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 5 "strong buy" or
"buy," no "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 Agenus Inc
is
$80.00​, above​ its last closing price of $12.52. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023              -1.05      -2.60     Missed  -147.6
 Jan. 1 2023   -3.86       -3.84      -3.20     Beat    16.7
 Jun. 30 2023  -3.84       -3.97      -4.00     Missed  -0.8​
 Mar. 31 2023  -4.27       -4.20      -4.40     Missed  -4.8
 ​​Dec.        -4.57       -4.37      -4.80     Missed  -9.9
 31 2022                                                
 Sep. 30 2022  -3.76       -3.75      -3.80     Missed  -1.3​
 Jun. 30 2022  -4.64       -4.60      -3.40     Beat    26.1
 Mar. 31 2022  -6.02       -5.95      -3.80     Beat    36.1
 This summary was machine generated May 3 at 15:21 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)