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FHTX — Foghorn Therapeutics News Story

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Foghorn Therapeutics Inc. expected to post a loss of 33 cents a share - Earnings Preview

Foghorn Therapeutics Inc. FHTX.OQ FHTX.O is expected to show a rise in quarterly revenue when it reports  results on March 5 (estimated) for the period ending December 31 2024

The Cambridge Massachusetts-based  company is expected to report a 27.2% increase in revenue to $7.336 million from $5.77 million a year ago, according to the mean estimate from 7 analysts, based on LSEG data.

​LSEG's mean analyst estimate for Foghorn Therapeutics Inc. is for a loss of 33 cents per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

The mean earnings estimate of analysts was unchanged in the last three months. ​

Wall Street's median 12-month price target for Foghorn Therapeutics Inc. is $13.00​, above​ its last closing price of $4.85. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDINGSTARMINESMARTESTIMATE®LSEG IBES ESTIMATEACTUALBEAT, MET, MISSEDSURPRISE %
Sep. 30 2024-0.42-0.44-0.31Beat29.6
Jun. 30 2024-0.63-0.65-0.45Beat31.3
Mar. 31 2024-0.56-0.63-0.59Beat6.9​
Dec. 31 2023-0.94-0.76-0.57Beat25.3
​​Sep. 30 2023-0.74-0.75-0.34Beat54.7
Jun. 30 2023-0.74-0.73-0.70Beat4.8​
Mar. 31 2023-0.68-0.72-0.73Missed-0.7
Dec. 31 2022-0.71-0.62-0.69Missed-11.7
This summary was machine generated March 3 at 13:33 GMT. 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)

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