Atea Pharmaceuticals, Inc. reports results for the quarter ended June 30 - Earnings Summary
Atea Pharmaceuticals, Inc. reports results for the quarter ended June 30 - Earnings Summary
Atea Pharmaceuticals, Inc. AVIR.OQ reported a quarterly adjusted loss of 41 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -44 cents. The mean expectation of two analysts for the quarter was for a loss of 56 cents per share.
Reported revenue was zero; analysts expected zero.
Atea Pharmaceuticals, Inc.'s reported EPS for the quarter was a loss of 41 cents.
The company reported a quarterly loss of $32.93 million.
Atea Pharmaceuticals, Inc. shares had risen by 8.6% this quarter and gained 41.5% so far this year.
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 "buy" and the breakdown of recommendations is 2 "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 $8.00, about 36.9% above its last closing price of $5.05
This summary was machine generated from LSEG data August 12 at 09:00 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 |
Jun. 30 2026 | -0.56 | -0.41 | Beat |
Mar. 31 2026 | -0.59 | -0.57 | Beat |
Dec. 31 2025 | -0.53 | -0.57 | Missed |
Sep. 30 2025 | -0.44 | -0.53 | Missed |
Recent news on Atea Pharmaceuticals
See all newsAtea Pharmaceuticals Q2 loss narrows as HCV trial expenses decline
Atea Pharmaceuticals, Inc. reports results for the quarter ended June 30 - Earnings Summary
Atea Pharmaceuticals, Inc. expected to post a loss of 56 cents a share - Earnings Preview
Atea Pharmaceuticals, Inc. expected to post a loss of 56 cents a share - Earnings Preview
NASDAQ RESUMED AT 07:30 AM