Arcutis Biotherapeutics, Inc. reports results for the quarter ended June 30 - Earnings Summary
Arcutis Biotherapeutics, Inc. reports results for the quarter ended June 30 - Earnings Summary
Arcutis Biotherapeutics, Inc. ARQT.OQ reported quarterly adjusted earnings of 11 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -13 cents. The mean expectation of eight analysts for the quarter was for earnings of 4 cents per share. Wall Street expected results to range from zero cents to 13 cents per share.
Revenue rose 59.3% to $129.86 million from a year ago; analysts expected $118.85 million.
Arcutis Biotherapeutics, Inc.'s reported EPS for the quarter was 11 cents.
The company reported quarterly net income of $15.01 million.
Arcutis Biotherapeutics, Inc. shares had fallen by 0.7% this quarter and lost 10.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 40.7% 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 "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 pharmaceuticals peer group is also "buy"
Wall Street's median 12-month price target for Arcutis Biotherapeutics, Inc. is $35.00, about 25.6% above its last closing price of $26.03
This summary was machine generated from LSEG data August 5 at 09:39 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 |
Jun. 30 2026 | 0.04 | 0.11 | Beat |
Mar. 31 2026 | -0.08 | -0.09 | Missed |
Dec. 31 2025 | 0.11 | 0.13 | Beat |
Sep. 30 2025 | -0.10 | 0.06 | Beat |
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