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AVIR — Atea Pharmaceuticals News Story

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Atea Pharmaceuticals Inc reports results for the quarter ended December 31 - Earnings Summary

Atea Pharmaceuticals Inc AVIR.OQ reported a quarterly adjusted loss of 40 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -47 cents.  The mean expectation of three analysts for the quarter was for a loss of 37 cents per share. Wall Street expected results to range from -38 cents to -36 cents per share.

Reported revenue was zero​; analysts expected zero.

Atea Pharmaceuticals Inc's reported EPS for the quarter was a loss of 40 cents​.

The company reported a quarterly loss of $33.54 million.

Atea Pharmaceuticals Inc shares had fallen by 10.1% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts was unchanged in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "hold" and 1 "sell" or "strong sell."

The average consensus recommendation for the biotechnology & medical research peer group is also "hold"

Wall Street's median 12-month price target for Atea Pharmaceuticals Inc is $6.20

This summary was machine generated from LSEG data March 6 at 10:01 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
Dec. 31 2024-0.37-0.40Missed
Sep. 30 2024-0.49-0.37Beat
Jun. 30 2024-0.76-0.48Beat
Mar. 31 2024-0.61-0.75Missed

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