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APLS — Apellis Pharmaceuticals News Story

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Apellis Pharmaceuticals Inc reports results for the quarter ended March 31 - Earnings Summary

Apellis Pharmaceuticals Inc APLS.OQ reported a quarterly adjusted loss of 74 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -42 cents.  The mean expectation of twenty one analysts for the quarter was for a loss of 36 cents per share. Wall Street expected results to range from -52 cents to -17 cents per share.

Revenue fell 3.2% to $166.80 million from a year ago; analysts expected $195.61 million.

Apellis Pharmaceuticals Inc's reported EPS for the quarter was a loss of 74 cents​.

The company reported a quarterly loss of $92.23 million.

Apellis Pharmaceuticals Inc shares had fallen by 12.6% this quarter and lost 40.1% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 1.1% in the last three months.​

In the last 30 days, five analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy," 8 "hold" and no "sell" or "strong sell." The average consensus recommendation for the pharmaceuticals peer group is also "buy"

Wall Street's median 12-month price target for Apellis Pharmaceuticals Inc is $41.50

This summary was machine generated from LSEG data May 7 at 01:31 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
Mar. 31 2025-0.36-0.74Missed
Dec. 31 2024-0.39-0.29Beat
Sep. 30 2024-0.30-0.46Missed
Jun. 30 2024-0.32-0.28Beat

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