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OLMA — Olema Pharmaceuticals News Story

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Olema Pharmaceuticals Inc reports results for the quarter ended June 30 - Earnings Summary

Olema Pharmaceuticals Inc OLMA.OQ reported a quarterly adjusted loss of 51 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -54 cents.  The mean expectation of six analysts for the quarter was for a loss of 38 cents per share. Wall Street expected results to range from -40 cents to -35 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 $43.78 million.

Olema Pharmaceuticals Inc shares had risen by 8.9% this quarter and lost 20.4% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 33.6% 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 "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 $24.50, about 81.1% above its last closing price of $4.64

This summary was machine generated from LSEG data August 11 at 08:52 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 2025-0.38-0.51Missed
Mar. 31 2025-0.51-0.36Beat
Dec. 31 2024-0.64-0.51Beat
Sep. 30 2024-0.58-0.60Missed

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