Arcutis Biotherapeutics Inc reports results for the quarter ended December 31 - Earnings Summary
25/02/2025 22:01
Arcutis Biotherapeutics Inc ARQT.OQ reported a quarterly adjusted loss of 9 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -72 cents. The mean expectation of eight analysts for the quarter was for a loss of 25 cents per share. Wall Street expected results to range from -33 cents to -19 cents per share. Revenue rose 427.6% to $71.36 million from a year ago; analysts expected $60.16 million. Arcutis Biotherapeutics Inc's reported EPS for the quarter was a loss of 9 cents. The company reported a quarterly loss of $10.79 million. Arcutis Biotherapeutics Inc shares had fallen by 11.1% this quarter. FORECAST CHANGES The mean earnings estimate of analysts had risen by about 10.3% 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 7 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the biotechnology & medical research peer group is also "buy" Wall Street's median 12-month price target for Arcutis Biotherapeutics Inc is $19.50 This summary was machine generated from LSEG data February 25 at 10:00 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 2024 | -0.25 | -0.09 | Beat |
| Sep. 30 2024 | -0.42 | -0.33 | Beat |
| Jun. 30 2024 | -0.52 | -0.42 | Beat |
| Mar. 31 2024 | -0.73 | -0.32 | Beat |
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