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AKBA Akebia Therapeutics News Story

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Akebia Therapeutics Inc reports results for the quarter ended June 30 - Earnings Summary

Akebia Therapeutics Inc AKBA.OQ reported quarterly breakeven results​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -4 cents.  The mean expectation of five analysts for the quarter was for a loss of 2 cents per share. Wall Street expected results to range from -4 cents to -1 cents per share.

Revenue rose 43.1% to $62.47 million from a year ago; analysts expected $47.24 million.

Akebia Therapeutics Inc's reported EPS for the quarter was breakeven results​.

The company reported quarterly net income of $247 thousand.

Akebia Therapeutics Inc shares had risen by 4.0% this quarter and gained 99.2% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 33.3% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

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." The average consensus recommendation for the pharmaceuticals peer group is  "buy."

Wall Street's median 12-month price target for Akebia Therapeutics Inc is $7.00, about 45.9% above its last closing price of $3.79

This summary was machine generated from LSEG data August 7 at 06:27 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 2025-0.020.00Beat
Mar. 31 2025-0.040.03Beat
Dec. 31 2024-0.08-0.10Missed
Sep. 30 2024-0.06-0.10Missed

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