Agenus Inc reports results for the quarter ended in December - Earnings Summary

Agenus

14/03/2024 14:19

* Agenus Inc  AGEN.OQ  reported a quarterly adjusted loss
of 13
cents​​ per share for the quarter ended in December, higher than
the same quarter last year, when the company reported EPS of -24
cents.  The mean expectation of five analysts for the quarter
was for a loss of 5 cents per share. Wall Street expected
results to range from -15 cents to 2 cents per share.
    * Revenue rose 195.2% to $83.80 million from a year ago;
analysts
expected $47.05 million. 
    * Agenus Inc's reported EPS for the quarter was a loss of 13
cents​.
    * The company reported a quarterly loss of $48.58 million.
    * Agenus Inc shares had fallen by 20.4% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged 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 5 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Agenus Inc
is
$6.00 

This summary was machine generated from LSEG data March 14 at
02:18 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 2023      -0.05          -0.13          Missed
 Sep. 30 2023      -0.19          -0.16          Beat
 Jun. 30 2023      -0.20          -0.20          Met
 Mar. 31 2023      -0.21          -0.22          Missed