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Ionis Pharmaceuticals Inc reports results for the quarter ended March 31 - Earnings Summary

Ionis Pharmaceuticals Inc IONS.OQ reported a quarterly adjusted loss of 93 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -98 cents.  The mean expectation of twenty two analysts for the quarter was for a loss of $1.12 per share. Wall Street expected results to range from $-1.43 to -81 cents per share.

Revenue rose 10.9% to $132.00 million from a year ago; analysts expected $125.32 million.

Ionis Pharmaceuticals Inc's reported EPS for the quarter was a loss of 93 cents​.

The company reported a quarterly loss of $147 million.

Ionis Pharmaceuticals Inc shares had fallen by 1.2% this quarter and lost 14.7% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 0.4% in the last three months.​

In the last 30 days, four analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 17 "strong buy" or "buy," 8 "hold" and 1 "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 Ionis Pharmaceuticals Inc is $60.00

This summary was machine generated from LSEG data April 30 at 01:32 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 2025-1.12-0.93Beat
Dec. 31 2024-1.12-0.66Beat
Sep. 30 2024-1.16-0.95Beat
Jun. 30 2024-0.92-0.45Beat

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