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CCCC — C4 Therapeutics News Story

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C4 Therapeutics Inc expected to post a loss of 48 cents a share - Earnings Preview

* C4 Therapeutics Inc  CCCC.OQ   CCCC.O  is expected to show
a
rise in quarterly revenue when it reports  results on February
20 (estimated) for the period ending December 31 2024
    * The Watertown Massachusetts-based  company is expected to
report
a 57.2% increase in revenue to $5.125 million from $3.26 million
a year ago, according to the mean estimate from 8 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for C4 Therapeutics Inc is
for a
loss of 48 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for C4
Therapeutics
Inc is $13.00​, above​ its last closing price of $3.18. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  -0.36       -0.38      -0.35     Beat    7.9
 Jun. 30 2024  -0.37       -0.37      -0.26     Beat    30
 Mar. 31 2024  -0.36       -0.35      -0.41     Missed  -16.7​
 Dec. 31 2023  -0.64       -0.68      -0.70     Missed  -2.6
 ​​Sep.        -0.67       -0.66      -0.52     Beat    21.2
 30 2023                                                
 Jun. 30 2023  -0.69       -0.69      -0.73     Missed  -6.1​
 Mar. 31 2023  -0.73       -0.75      -0.71     Beat    4.8
 Dec. 31 2022  -0.73       -0.74      -0.77     Missed  -3.5
 This summary was machine generated February 18 at 14:21 GMT. 
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)

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