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MYGN — Myriad Genetics News Story

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Myriad Genetics Inc reports results for the quarter ended June 30 - Earnings Summary

Myriad Genetics Inc reports results for the quarter ended June 30 - Earnings Summary
  • Myriad Genetics Inc MYGN.OQ reported a quarterly adjusted loss of 25 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 5 cents. The mean expectation of nine analysts for the quarter was for a loss of 6 cents per share. Wall Street expected results to range from -12 cents to 3 cents per share.

  • Revenue fell 10.5% to $190.70 million from a year ago; analysts expected $206.03 million.

  • Myriad Genetics Inc's reported EPS for the quarter was a loss of 46 cents​.

  • The company reported a quarterly loss of $43.2 million.

  • Myriad Genetics Inc shares had fallen by 6.0% this quarter and lost 12.7% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 590.6% 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 "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 6 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the medical equipment, supplies & distribution peer group is "buy."

  • Wall Street's median 12-month price target for Myriad Genetics Inc is $6.00, about 10.5% above its last closing price of $5.37

This summary was machine generated from LSEG data July 31 at 06:26 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

Jun. 30 2026

-0.06

-0.25

Missed

Mar. 31 2026

-0.07

-0.09

Missed

Dec. 31 2025

-0.01

0.04

Beat

Sep. 30 2025

-0.01

0.00

Beat

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