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ARQT Arcutis Biotherapeutics News Story

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Arcutis Biotherapeutics Inc reports results for the quarter ended March 31 - Earnings Summary

Arcutis Biotherapeutics Inc ARQT.OQ reported a quarterly adjusted loss of 20 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -32 cents.  The mean expectation of seven analysts for the quarter was for a loss of 21 cents per share. Wall Street expected results to range from -27 cents to -15 cents per share.

Revenue rose 32.8% to $65.85 million from a year ago; analysts expected $62.25 million.

Arcutis Biotherapeutics Inc's reported EPS for the quarter was a loss of 20 cents​.

The company reported a quarterly loss of $25.06 million.

Arcutis Biotherapeutics Inc shares had fallen by 1.5% this quarter and gained 10.6% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 25.9% 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," no "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 $20.00

This summary was machine generated from LSEG data May 6 at 09:02 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 2025-0.21-0.20Beat
Dec. 31 2024-0.25-0.09Beat
Sep. 30 2024-0.42-0.33Beat
Jun. 30 2024-0.52-0.42Beat

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