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CADL — Candel Therapeutics News Story

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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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