Iteos Therapeutics Inc reports results for the quarter ended in June - Earnings Summary

iTeos Therapeutics

08/08/2024 14:04

* Iteos Therapeutics Inc  ITOS.OQ  reported a quarterly
adjusted
loss of 18 cents​​ per share for the quarter ended in June,
higher than the same quarter last year, when the company
reported EPS of -96 cents.  The mean expectation of
five analysts for the quarter was for a loss of $1.04 per share.
Wall Street expected results to range from $-1.15 to -80 cents
per share.
    * Revenue was $35.00 million​; analysts expected $1.00
million. 
    * Iteos Therapeutics Inc's reported EPS for the quarter was
a loss
of 18 cents​.
    * The company reported a quarterly loss of $7.13 million.
    * Iteos Therapeutics Inc shares had risen by 2.6% this
quarter and
gained 39.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 16.5%
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 "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the biotechnology
&
medical research peer group is also "buy"

Wall Street's median 12-month price target for Iteos
Therapeutics Inc is $41.00 
This summary was machine generated from LSEG data August 8 at
01:03 p.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      -1.04          -0.18          Beat
 Jan. 1 0001       -1.26          -1.07          Beat
 Dec. 31 2023      -1.03          -0.85          Beat
 Sep. 30 2023      -1.20          -0.90          Beat