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 |
Recent news on Belite Bio
See all newsBrief: Belite Bio Announces Uplisting To The Nasdaq Global Select Market
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Belite Bio, Inc reports results for the quarter ended June 30 - Earnings Summary
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