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

Personalis

07/08/2024 22:02

* Personalis Inc  PSNL.OQ  reported a quarterly adjusted
loss
of 24 cents​​ per share for the quarter ended in January, higher
than the same quarter last year, when the company reported EPS
of -50 cents.  The mean expectation of six analysts for the
quarter was for a loss of 37 cents per share. Wall Street
expected results to range from -41 cents to -32 cents per share.
    * Revenue rose 35.2% to $22.58 million from a year ago;
analysts
expected $19.26 million. 
    * Personalis Inc's reported EPS for the quarter was a loss
of 24
cents​.
    * The company reported a quarterly loss of $12.8 million.
    * Personalis Inc shares had risen by 173.5% this quarter and
gained 52.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 3.4%
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 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 August 7 at
09:02 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
 Jun. 30 2024      -0.37          -0.24          Beat
 Mar. 31 2024      -0.41          -0.26          Beat
 Dec. 31 2023      -0.50          -0.54          Missed
 Sep. 30 2023      -0.53          -0.48          Beat