Dynavax Technologies Corp reports results for the quarter ended in December - Earnings Summary

Dynavax Technologies

23/02/2024 03:04

* Dynavax Technologies Corp  DVAX.OQ  reported quarterly
breakeven
results​​ per share for the quarter ended in December, lower
than the same quarter last year, when the company reported EPS
of 45 cents.  The mean expectation of five analysts for the
quarter was for a loss of one cent per share. Wall Street
expected results to range from -3 cents to 1 cents per share.
    * Revenue fell 69.9% to $55.60 million from a year ago;
analysts
expected $52.73 million. 
    * Dynavax Technologies Corp's reported EPS for the quarter
was
breakeven results​.
    * The company reported quarterly net income of $219
thousand.
    * Dynavax Technologies Corp shares had fallen by 10.9% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 700%
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 5 "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 Dynavax
Technologies Corp is $25.00 
This summary was machine generated from LSEG data February 23 at
03:03 a.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
 Dec. 31 2023      -0.01          0.00           Beat
 Sep. 30 2023      -0.01          0.10           Beat
 Jun. 30 2023      -0.09          0.03           Beat
 Mar. 31 2023      -0.13          -0.19          Missed