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FHTX — Foghorn Therapeutics News Story

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Foghorn Therapeutics Inc. expected to post a loss of 65 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 August 5
(estimated) for the period ending January 1 0001
    * The Cambridge Massachusetts-based  company is expected to
report
a 7.9% increase in revenue to $6.041 million from $5.6 million a
year ago, according to the mean estimate from 5 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Foghorn Therapeutics
Inc. is
for a loss of 65 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "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 $14.50​, above​ its last closing price
of $6.51. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  -0.56       -0.63      -0.59     Beat    6.9
 Jan. 1 2024   -0.94       -0.76      -0.57     Beat    25.3
 Sep. 30 2023  -0.74       -0.75      -0.34     Beat    54.7​
 Jan. 1 0001   -0.74       -0.73      -0.70     Beat    4.8
 ​​Mar.        -0.68       -0.72      -0.73     Missed  -0.7
 31 2023                                                
 Jan. 1 0001   -0.71       -0.62      -0.69     Missed  -11.7​
 Sep. 30 2022  -0.67       -0.62      -0.62     Met     0
 Jun. 30 2022  -0.65       -0.59      -0.66     Missed  -11.4
 This summary was machine generated August 2 at 16:50 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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