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Editas Medicine, Inc. reports results for the quarter ended June 30 - Earnings Summary

Editas Medicine, Inc. reports results for the quarter ended June 30 - Earnings Summary
  • Editas Medicine, Inc. EDIT.OQ reported a quarterly adjusted loss of 15 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -63 cents. The mean expectation of eleven analysts for the quarter was for a loss of 27 cents per share. Wall Street expected results to range from -32 cents to -22 cents per share.

  • Revenue rose 232.3% to $11.89 million from a year ago; analysts expected $2.80 million.

  • Editas Medicine, Inc.'s reported EPS for the quarter was a loss of 15 cents​.

  • The company reported a quarterly loss of $18.23 million.

  • Editas Medicine, Inc. shares had fallen by 11.1% this quarter and gained 40.5% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 2.4% 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 7 "strong buy" or "buy," 3 "hold" and 2 "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 Editas Medicine, Inc. is $5.00, about 42.4% above its last closing price of $2.88

This summary was machine generated from LSEG data August 10 at 11:59 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

Jun. 30 2026

-0.27

-0.15

Beat

Mar. 31 2026

-0.26

-0.26

Met

Dec. 31 2025

-0.26

-0.06

Beat

Sep. 30 2025

-0.30

-0.28

Beat

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