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

Annexon

26/03/2024 21:08

* Annexon Inc  ANNX.OQ  reported a quarterly adjusted loss
of 36
cents​​ per share for the quarter ended in December, higher than
the same quarter last year, when the company reported EPS of -48
cents.  The mean expectation of eight analysts for the quarter
was for a loss of 44 cents per share. Wall Street expected
results to range from -53 cents to -31 cents per share.
    * Reported revenue was zero​; analysts expected zero. 
    * Annexon Inc's reported EPS for the quarter was a loss
of 36
cents​.
    * The company reported a quarterly loss of $27.89 million.
    * Annexon Inc shares had risen by 46.3% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 9.1%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Annexon Inc
is
$11.00 

This summary was machine generated from LSEG data March 26 at
09:08 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      -0.44          -0.36          Beat
 Sep. 30 2023      -0.50          -0.43          Beat
 Jun. 30 2023      -0.54          -0.47          Beat
 Mar. 31 2023      -0.52          -0.52          Met