Exscientia PLC reports results for the quarter ended in June - Earnings Summary

Exscientia

16/08/2024 02:11

* Exscientia PLC  EXAI.OQ  reported a quarterly adjusted
loss
of 36 cents​​ per share for the quarter ended in June, lower
than the same quarter last year, when the company reported EPS
of -29 cents.  The mean expectation of three analysts for the
quarter was for a loss of 11 cents per share. Wall Street
expected results to range from -33 cents tozero cents per share.
    * Revenue rose 46.6% to $5.60 million from a year ago;
analysts
expected $12.80 million. 
    * Exscientia PLC's reported EPS for the quarter was a loss
of 36
cents​.
    * The company reported a quarterly loss of $45.7 million.
    * Exscientia PLC shares had risen by 6.9% this quarter and
lost 15.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 65.3%
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 "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the biotechnology
&
medical research peer group is also "hold"

Wall Street's median 12-month price target for Exscientia PLC is
$6.00 
This summary was machine generated from LSEG data August 16 at
01:11 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 2024      -0.11          -0.36          Missed
 Mar. 31 2024      -0.28          -0.21          Beat
 Dec. 31 2023      -0.34          -0.42          Missed
 Sep. 30 2023      -0.41          -0.31          Beat