Guardant Health Inc reports results for the quarter ended December 31 - Earnings Summary

Guardant Health

21/02/2025 05:07

* Guardant Health Inc  GH.OQ  reported a quarterly adjusted
loss
of 90 cents​​ per share for the quarter ended December 31, lower
than the same quarter last year, when the company reported EPS
of -64 cents.  The mean expectation of twenty three analysts for
the quarter was for a loss of 74 cents per share. Wall Street
expected results to range from $-1.02 to -45 cents per share.
    * Revenue rose 30.2% to $201.81 million from a year ago;
analysts
expected $192.14 million. 
    * Guardant Health Inc's reported EPS for the quarter was a
loss
of 90 cents​.
    * The company reported a quarterly loss of $111.01 million.
    * Guardant Health Inc shares had risen by 55.2% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 6.4%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 22 "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the medical
equipment,
supplies & distribution peer group is also "buy"

Wall Street's median 12-month price target for Guardant Health
Inc is $47.00 
This summary was machine generated from LSEG data February 21 at
05:06 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
 Dec. 31 2024      -0.74          -0.90          Missed
 Sep. 30 2024      -0.74          -0.88          Missed
 Jun. 30 2024      -0.74          -0.84          Missed
 Mar. 31 2024      -0.85          -0.94          Missed