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

Personalis

09/05/2024 11:14

* Personalis Inc  PSNL.OQ  reported a quarterly adjusted
loss
of 26 cents​​ per share for the quarter ended in January, higher
than the same quarter last year, when the company reported EPS
of -61 cents.  The mean expectation of six analysts for the
quarter was for a loss of 41 cents per share. Wall Street
expected results to range from -52 cents to -36 cents per share.
    * Revenue rose 3.5% to $19.53 million from a year ago;
analysts
expected $18.36 million. 
    * Personalis Inc's reported EPS for the quarter was a loss
of 26
cents​.
    * The company reported a quarterly loss of $12.97 million.
    * Personalis Inc shares had risen by 5.0% this quarter and
lost 25.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 16.3%
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 5 "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 May 9 at 10:14
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 ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2024      -0.41          -0.26          Beat
 Dec. 31 2023      -0.50          -0.54          Missed
 Sep. 30 2023      -0.53          -0.48          Beat
 Jun. 30 2023      -0.53          -0.50          Beat