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PASG — Passage Bio News Story

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Passage Bio Inc reports results for the quarter ended June 30 - Earnings Summary

Passage Bio Inc PASG.OQ reported a quarterly adjusted loss of $2.96​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $-5.20.  The mean expectation of four analysts for the quarter was for a loss of $4.05 per share. Wall Street expected results to range from $-5.00 to $-3.20 per share.

Reported revenue was zero​; analysts expected zero.

Passage Bio Inc's reported EPS for the quarter was a loss of $2.96​.

The company reported a quarterly loss of $9.39 million.

Passage Bio Inc shares had fallen by 26.3% this quarter and lost 48.0% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 3.6% 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 4 "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 Passage Bio Inc is $120.00, about 95.1% above its last closing price of $5.90

This summary was machine generated from LSEG data August 12 at 11:49 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 2025-4.05-2.96Beat
Mar. 31 2025-4.60-5.00Missed
Dec. 31 2024-4.08-4.00Beat
Sep. 30 2024-4.60-6.20Missed

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