Precigen Inc expected to post a loss of 10 cents a share - Earnings Preview

Precigen

24/02/2023 19:11

* Precigen Inc  PGEN.OQ   PGEN.O  is expected to show a fall
in
quarterly revenue when it reports  results on February 27
(estimated). 
    * The Germantown Maryland-based  company is expected to
report  a
74.4% decrease in revenue to $6.211 million from $24.22 million
a year ago, according to the mean estimate from 4 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Precigen Inc is for
a
loss of 10 cents per share. 
    * 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 mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Precigen
Inc is
$6.55​, above​ its last closing price of $1.20. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  0.00        0.02       -0.04     Missed  -340
 Jun. 30 2022  -0.15       -0.13      -0.09     Beat    31.8
 Mar. 31 2022  -0.14       -0.13      -0.10     Beat    21.6​
 Dec. 31 2021  -0.14       -0.14      -0.13     Beat    4.4
 ​​Sep.        -0.15       -0.14      -0.15     Missed  -5.9
 30 2021                                                
 Jun. 30 2021  -0.13       -0.12      -0.10     Beat    20​
 Mar. 31 2021  -0.17       -0.16      -0.09     Beat    45.5
 Dec. 31 2020  -0.21       -0.17      -0.23     Missed  -32.7
 This summary was machine generated February 24 at 19:11 GMT. 
All figures in US dollars  unless otherwise stated