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CABA Cabaletta Bio News Story

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Cabaletta Bio Inc reports results for the quarter ended December 31 - Earnings Summary

Cabaletta Bio Inc CABA.OQ reported a quarterly adjusted loss of 65 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -46 cents.  The mean expectation of ten analysts for the quarter was for a loss of 63 cents per share. Wall Street expected results to range from -70 cents to -45 cents per share.

Reported revenue was zero​; analysts expected zero.

Cabaletta Bio Inc's reported EPS for the quarter was a loss of 65 cents​.

The company reported a quarterly loss of $32.59 million.

Cabaletta Bio Inc shares had fallen by 31.7% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 1.4% 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 10 "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 Cabaletta Bio Inc is $24.00

This summary was machine generated from LSEG data March 31 at 01:31 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Dec. 31 2024-0.63-0.65Missed
Sep. 30 2024-0.60-0.62Missed
Jun. 30 2024-0.55-0.56Missed
Mar. 31 2024-0.48-0.51Missed

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