Personalis Inc reports results for the quarter ended in December - Earnings Summary

Personalis

28/02/2024 23:35

* Personalis Inc  PSNL.OQ  reported a quarterly adjusted
loss
of 54 cents​​ per share for the quarter ended in December,
higher than the same quarter last year, when the company
reported EPS of -67 cents.  The mean expectation of
five analysts for the quarter was for a loss of 50 cents per
share. Wall Street expected results to range from -63 cents
to -43 cents per share.
    * Revenue rose 17.7% to $19.68 million from a year ago;
analysts
expected $19.74 million. 
    * Personalis Inc's reported EPS for the quarter was a loss
of 54
cents​.
    * The company reported a quarterly loss of $26.58 million.
    * Personalis Inc shares had fallen by 28.6% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.4%
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," 1
"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 Personalis Inc is
$4.00 
This summary was machine generated from LSEG data February 28 at
11:35 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 2023      -0.50          -0.54          Missed
 Sep. 30 2023      -0.53          -0.48          Beat
 Jun. 30 2023      -0.53          -0.50          Beat
 Mar. 31 2023      -0.58          -0.61          Missed