Leap Therapeutics Inc reports results for the quarter - Earnings Summary

Cypherpunk Technologies

13/11/2024 14:16

* Leap Therapeutics Inc  LPTX.OQ  reported a quarterly
adjusted
loss of 44 cents​​ per share for the quarter , higher than the
same quarter last year, when the company reported EPS of -51
cents.  The mean expectation of four analysts for the quarter
was for a loss of 48 cents per share. Wall Street expected
results to range from -53 cents to -37 cents per share.
    * Reported revenue was zero​; analysts expected zero. 
    * Leap Therapeutics Inc's reported EPS for the quarter was a
loss
of 44 cents​.
    * The company reported a quarterly loss of $18.18 million.
    * Leap Therapeutics Inc shares had risen by 26.5% this
quarter and
lost 21.6% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged 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 4 "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"

Wall Street's median 12-month price target for Leap Therapeutics
Inc is 12.00 
This summary was machine generated from LSEG data November 13 at
02:16 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
 Sep. 30 2024      -0.48          -0.44          Beat
 Jun. 30 2024      -0.43          -0.52          Missed
 Mar. 31 2024      -0.58          -0.51          Beat
 Dec. 31 2023      -0.55          -0.46          Beat