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Novocure Ltd reports results for the quarter ended June 30 - Earnings Summary

Novocure Ltd NVCR.OQ reported a quarterly adjusted loss of 36 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of -31 cents.  The mean expectation of eight analysts for the quarter was for a loss of 38 cents per share. Wall Street expected results to range from -46 cents to -35 cents per share.

Revenue rose 5.6% to $158.81 million from a year ago; analysts expected $154.21 million.

Novocure Ltd's reported EPS for the quarter was a loss of 36 cents​.

The company reported a quarterly loss of $40.14 million.

Novocure Ltd shares had fallen by 7.2% this quarter and lost 44.6% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 0.6% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the medical equipment, supplies & distribution peer group is also "buy"

Wall Street's median 12-month price target for Novocure Ltd is $33.00, about 50% above its last closing price of $16.51

This summary was machine generated from LSEG data July 24 at 01:33 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
Jun. 30 2025-0.38-0.36Beat
Mar. 31 2025-0.46-0.31Beat
Dec. 31 2024-0.34-0.61Missed
Sep. 30 2024-0.33-0.28Beat

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