Personalis Inc reports results for the quarter ended in September 30 - Earnings Summary

Personalis

07/11/2024 04:05

* Personalis Inc  PSNL.OQ  reported a quarterly adjusted
loss
of 64 cents​​ per share for the quarter ended September 30,
lower than the same quarter last year, when the company reported
EPS of -48 cents.  The mean expectation of six analysts for the
quarter was for a loss of 35 cents per share. Wall Street
expected results to range from -44 cents to -25 cents per share.
    * Revenue rose 40.9% to $25.71 million from a year ago;
analysts
expected $21.32 million. 
    * Personalis Inc's reported EPS for the quarter was a loss
of 64
cents​.
    * The company reported a quarterly loss of $39.09 million.
    * Personalis Inc shares had risen by 4.8% this quarter and
gained 168.6% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.5%
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
7.25 
This summary was machine generated from LSEG data November 7 at
04:05 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
 Sep. 30 2024      -0.37          -0.64          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