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CBIO — Crescent Biopharma News Story

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GlycoMimetics Inc reports results for the quarter ended March 31 - Earnings Summary

GlycoMimetics Inc GLYC.OQ reported a quarterly adjusted loss of 4 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -17 cents.  The lone analyst forecast for the quarter was for a loss of 5 cents per share.

Reported revenue was zero​; analysts expected zero.

GlycoMimetics Inc's reported EPS for the quarter was a loss of 4 cents​.

The company reported a quarterly loss of $2.34 million.

GlycoMimetics Inc shares had risen by 19.0% this quarter and gained 0.3% so far this year.

FORECAST CHANGES

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 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the biotechnology & medical research peer group is also "buy"

This summary was machine generated from LSEG data May 16 at 10:43 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
Mar. 31 2025-0.05-0.04Beat
-0.11
-0.26
Jun. 30 2024-0.17-0.16Beat

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