Biomea Fusion Inc reports results for the quarter ended December 31 - Earnings Summary
01/04/2025 14:31
Biomea Fusion Inc BMEA.OQ reported a quarterly adjusted loss of 81 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -98 cents. The mean expectation of nine analysts for the quarter was for a loss of 92 cents per share. Wall Street expected results to range from $-1.20 to -77 cents per share. Reported revenue was zero; analysts expected zero. Biomea Fusion Inc's reported EPS for the quarter was a loss of 81 cents. The company reported a quarterly loss of $29.3 million. Biomea Fusion Inc shares had held steady so far this quarter and lost 45.1% 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 7 "strong buy" or "buy," 2 "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 Biomea Fusion Inc is $20.50 This summary was machine generated from LSEG data April 1 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 |
| Dec. 31 2024 | -0.92 | -0.81 | Beat |
| Sep. 30 2024 | -0.95 | -0.91 | Beat |
| Jun. 30 2024 | -1.07 | -1.03 | Beat |
| Mar. 31 2024 | -0.99 | -1.09 | Missed |
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