Monte Rosa Therapeutics, Inc. reports results for the quarter ended June 30 - Earnings Summary
Monte Rosa Therapeutics, Inc. reports results for the quarter ended June 30 - Earnings Summary
Monte Rosa Therapeutics, Inc. GLUE.OQ reported a quarterly adjusted loss of 43 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of -15 cents. The mean expectation of seven analysts for the quarter was for a loss of 38 cents per share. Wall Street expected results to range from -53 cents to 4 cents per share.
Revenue fell 61.3% to $8.97 million from a year ago; analysts expected $5.52 million.
Monte Rosa Therapeutics, Inc.'s reported EPS for the quarter was a loss of 43 cents.
The company reported a quarterly loss of $43.4 million.
Monte Rosa Therapeutics, Inc. shares had fallen by 35.5% this quarter and lost 0.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 2.2% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "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 Monte Rosa Therapeutics, Inc. is $29.00, about 46.2% above its last closing price of $15.61
This summary was machine generated from LSEG data August 6 at 02:32 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 ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | -0.38 | -0.43 | Missed |
Mar. 31 2026 | -0.38 | -0.45 | Missed |
Dec. 31 2025 | -0.35 | -0.56 | Missed |
Sep. 30 2025 | -0.37 | -0.33 | Beat |
Recent news on Monte Rosa Therapeutics
See all newsBrief: Monte Rosa Therapeutics Announces Positive Results For Mrt-8102 In Gforce-1 Phase 1 Study Showing Normalization Of Key Pathogenic Drivers Of Ascvd In Subjects With Elevated Cvd Risk
Brief: Monte Rosa Reports Inducement Grants Under Nasdaq Listing Rule 5635(C)(4)
Monte Rosa Therapeutics, Inc. reports results for the quarter ended June 30 - Earnings Summary
Monte Rosa Therapeutics Q2 revenue drops, net loss widens on higher R&D
Brief: Monte Rosa Therapeutics Q2 Collaboration Revenue USD 8.968 Million