Pacific Biosciences of California Inc expected to post a loss of 36 cents a share - Earnings Preview

Pacific Biosciences of California

14/02/2023 23:55

* Pacific Biosciences of California Inc  PACB.OQ 
 PACB.O  is
expected to show a fall in quarterly revenue when it reports 
results on February 16. 
    * The Menlo Park California-based  company is expected to
report 
a 27.2% decrease in revenue to $26.237 million from $36.02
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. The company's guidance on
January 9 2023, for the period ended December 31, was for
revenue of $27.300 million.
    * ​Refinitiv's mean analyst estimate for Pacific Biosciences
of
California Inc is for a loss of 36 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Pacific
Biosciences of California Inc is $12.5​, above​ its last closing
price of $10.28. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  -0.33       -0.33      -0.34     Missed  -2.5
 Jun. 30 2022  -0.32       -0.32      -0.32     Met     1
 Mar. 31 2022  -0.31       -0.31      -0.37     Missed  -20​
 Dec. 31 2021  -0.28       -0.28      -0.31     Missed  -9.4
 ​​Sep.        -0.22       -0.22      -0.23     Missed  -5.7
 30 2021                                                
 Jun. 30 2021  -0.20       -0.21      -0.21     Met     -1.9​
 Mar. 31 2021  -0.45       -0.46      -0.45     Beat    1.7
 Dec. 31 2020  0.30        0.32       0.37      Beat    16.4
 This summary was machine generated February 14 at 23:55 GMT. 
All figures in US dollars  unless otherwise stated