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BLTE — Belite Bio News Story

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Belite Bio, Inc reports results for the quarter ended June 30 - Earnings Summary

Belite Bio, Inc reports results for the quarter ended June 30 - Earnings Summary
  • Belite Bio, Inc BLTE.OQ reported a quarterly adjusted loss of 70 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of -50 cents. The mean expectation of eight analysts for the quarter was for a loss of 79 cents per share. Wall Street expected results to range from -99 cents to -54 cents per share.

  • Reported revenue was zero​; analysts expected zero.

  • Belite Bio, Inc's reported EPS for the quarter was a loss of 70 cents​.

  • The company reported a quarterly loss of $28.41 million.

  • Belite Bio, Inc shares had risen by 16.2% this quarter and gained 11.9% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 17.5% 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 8 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

  • Wall Street's median 12-month price target for Belite Bio, Inc is $207.50, about 13.8% above its last closing price of $178.94

This summary was machine generated from LSEG data August 13 at 01:30 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

-0.79

-0.70

Beat

Mar. 31 2026

-0.64

-0.68

Missed

Dec. 31 2025

-0.55

-0.70

Missed

Sep. 30 2025

-0.49

-0.65

Missed

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