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

Precigen

07/08/2023 13:32

* Precigen Inc  PGEN.OQ   PGEN.O  is expected to show a fall
in
quarterly revenue when it reports  results on August 9. 
    * The Germantown Maryland-based  company is expected to
report  a
25.1% decrease in revenue to $2.18 million from $2.91 million a
year ago, according to the mean estimate from 5 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," 1
"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
$8.15​, above​ its last closing price of $1.11. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.10       -0.09      -0.10     Missed  -9.6
 Dec. 31 2023  -0.10       -0.10      -0.11     Missed  -10
 Sep. 30 2022  0.00        0.02       -0.04     Missed  -340​
 Jun. 30 2022  -0.15       -0.13      -0.09     Beat    31.8
 ​​Mar.        -0.14       -0.13      -0.10     Beat    21.6
 31 2022                                                
 Dec. 31 2021  -0.14       -0.14      -0.13     Beat    4.4​
 Sep. 30 2021  -0.15       -0.14      -0.15     Missed  -5.9
 Jun. 30 2021  -0.13       -0.12      -0.10     Beat    20
 This summary was machine generated August 7 at 12:32 GMT.  All
figures in US dollars  unless otherwise stated