Allakos Inc reports results for the quarter ended in June - Earnings Summary

Allakos

09/08/2023 21:52

* Allakos Inc  ALLK.OQ  reported a quarterly adjusted loss
of 41
cents​​ per share for the quarter ended in June. The mean
expectation of nine analysts for the quarter was for a loss
of 48 cents per share.
    * Reported revenue was zero​; analysts expected zero. 
    * Allakos Inc's reported EPS for the quarter was a loss
of 41
cents​.
    * The mean earnings estimate of analysts had risen by
about 4.2%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Allakos Inc shares had risen by 23.6% this quarter and
lost 36.0% so far this year.
    * The company reported a quarterly loss of $35.12 million.
    * Wall Street's median 12-month price target for Allakos Inc
is
$7.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 4
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 9 at 08:51 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.48          -0.41          Beat
 Mar. 31 2023      -0.49          -0.49          Met
 Dec. 31 2022      -0.57          -0.50          Beat
 Sep. 30 2022      -0.78          -0.53          Beat