Exagen Inc reports results for the quarter ended September 30 - Earnings Summary

Exagen

12/11/2024 15:33

* Exagen Inc  XGN.OQ  reported a quarterly adjusted loss
of 28
cents​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of -31 cents.  The mean expectation of six analysts for the
quarter was for a loss of 29 cents per share. Wall Street
expected results to range from -32 cents to -26 cents per share.
    * Revenue fell 6.8% to $12.51 million from a year ago;
analysts
expected $13.57 million. 
    * Exagen Inc's reported EPS for the quarter was a loss of 28
cents​.
    * The company reported a quarterly loss of $5.03 million.
    * Exagen Inc shares had fallen by 3.9% this quarter and
gained 49.2% 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 5 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the healthcare
facilities & services peer group is also "buy"

Wall Street's median 12-month price target for Exagen Inc is
$6.00 
This summary was machine generated from LSEG data November 12 at
03:33 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      -0.29          -0.28          Beat
 Jun. 30 2024      -0.34          -0.16          Beat
 Mar. 31 2024      -0.36          -0.19          Beat
 Dec. 31 2023      -0.43          -0.31          Beat