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AVIR — Atea Pharmaceuticals News Story

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Atea Pharmaceuticals Inc reports results for the quarter ended June 30 - Earnings Summary

Atea Pharmaceuticals Inc AVIR.OQ reported a quarterly adjusted loss of 44 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -48 cents.  The mean expectation of two analysts for the quarter was for a loss of 45 cents per share.

Reported revenue was zero​; analysts expected zero.

Atea Pharmaceuticals Inc's reported EPS for the quarter was a loss of 44 cents​.

The company reported a quarterly loss of $37.16 million.

Atea Pharmaceuticals Inc shares had fallen by 3.1% this quarter and gained 4.2% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 8.4% 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 "buy" and the breakdown of recommendations is 1 "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 Atea Pharmaceuticals Inc is $6.00, about 42.3% above its last closing price of $3.46

This summary was machine generated from LSEG data August 8 at 03:43 a.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
Jun. 30 2025-0.45-0.44Beat
Mar. 31 2025-0.41-0.40Beat
Dec. 31 2024-0.37-0.40Missed
Sep. 30 2024-0.49-0.37Beat

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