Olema Pharmaceuticals Inc reports results for the quarter ended December 31 - Earnings Summary

Olema Pharmaceuticals

19/03/2025 12:00

Olema Pharmaceuticals Inc OLMA.OQ reported a quarterly adjusted loss of 51 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -49 cents.  The mean expectation of eight analysts for the quarter was for a loss of 64 cents per share. Wall Street expected results to range from -70 cents to -53 cents per share.

Reported revenue was zero​; analysts expected zero.

Olema Pharmaceuticals Inc's reported EPS for the quarter was a loss of 51 cents​.

The company reported a quarterly loss of $33.57 million.

Olema Pharmaceuticals Inc shares had fallen by 29.0% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts was unchanged 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 "buy" and the breakdown of recommendations is 8 "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 Olema Pharmaceuticals Inc is $29.50

This summary was machine generated from LSEG data March 19 at 12:00 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
Dec. 31 2024
-0.64
-0.51
Beat
Sep. 30 2024
-0.58
-0.60
Missed
Jun. 30 2024
-0.55
-0.54
Beat
Mar. 31 2024
-0.55
-0.56
Missed