Foghorn Therapeutics Inc. expected to post a loss of 44 cents a share - Earnings Preview
29/10/2024 13:46
* Foghorn Therapeutics Inc. FHTX.OQ FHTX.O is expected
to show
a fall in quarterly revenue when it reports results on October
31 (estimated) for the period ending September 30 2024
* The Cambridge Massachusetts-based company is expected to
report
a 63.7% decrease in revenue to $6.339 million from $17.48
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data.
* LSEG's mean analyst estimate for Foghorn Therapeutics
Inc. is
for a loss of 44 cents per share.
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "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 $17.00, above its last closing price
of $8.11.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Jun. 30 2024 -0.63 -0.65 -0.45 Beat 31.3
Jan. 1 2024 -0.56 -0.63 -0.59 Beat 6.9
Dec. 31 2023 -0.94 -0.76 -0.57 Beat 25.3
Sep. 30 2023 -0.74 -0.75 -0.34 Beat 54.7
Jun. -0.74 -0.73 -0.70 Beat 4.8
30 2023
Mar. 31 2023 -0.68 -0.72 -0.73 Missed -0.7
Jan. 1 0001 -0.71 -0.62 -0.69 Missed -11.7
Jan. 1 0001 -0.67 -0.62 -0.62 Met 0
This summary was machine generated October 29 at 13:46 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)