Instil Bio Inc reports results for the quarter ended in June - Earnings Summary

Instil Bio

14/08/2023 13:01

* Instil Bio Inc  TIL.OQ  reported a quarterly adjusted loss
of 14
cents​​ per share for the quarter ended in June. The mean
expectation of four analysts for the quarter was for a loss
of 16 cents per share.
    * Reported revenue was zero​; analysts expected zero. 
    * Instil Bio Inc's reported EPS for the quarter was a loss
of 14
cents​.
    * The mean earnings estimate of analysts had fallen by
about 63.3%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Instil Bio Inc shares had fallen by 5.4% this quarter and
lost 17.3% so far this year.
    * The company reported a quarterly loss of $18.66 million.
    * Wall Street's median 12-month price target for Instil Bio
Inc is
$5.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 14 at 12:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.16          -0.14          Beat
 Mar. 31 2023      -0.15          -0.44          Missed
 Dec. 31 2022      -0.41          -0.24          Beat
 Sep. 30 2022      -0.44          -0.43          Beat