Candel Therapeutics Inc reports results for the quarter ended June 30 - Earnings Summary
Candel Therapeutics Inc reports results for the quarter ended June 30 - Earnings Summary
Candel Therapeutics Inc CADL.OQ reported a quarterly adjusted loss of 52 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of -9 cents. The mean expectation of nine analysts for the quarter was for a loss of 24 cents per share. Wall Street expected results to range from -30 cents to -15 cents per share.
Reported revenue was zero; analysts expected zero.
Candel Therapeutics Inc's reported EPS for the quarter was a loss of 52 cents.
The company reported a quarterly loss of $38.91 million.
Candel Therapeutics Inc shares had risen by 3.7% this quarter and gained 89.0% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 6.6% 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 8 "strong buy" or "buy," 1 "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 Candel Therapeutics Inc is $22.50, about 52.5% above its last closing price of $10.68
This summary was machine generated from LSEG data August 13 at 01:58 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 | -0.24 | -0.52 | Missed |
Mar. 31 2026 | -0.32 | -0.14 | Beat |
Dec. 31 2025 | -0.25 | -0.54 | Missed |
Sep. 30 2025 | -0.19 | -0.21 | Missed |
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