Precigen Inc expected to post a loss of 9 cents a share - Earnings Preview

Precigen

10/05/2024 21:58

* Precigen Inc  PGEN.OQ   PGEN.O  is expected to show a fall
in
quarterly revenue when it reports  results on May 14 for the
period ending March 31 2024
    * The Germantown Maryland-based  company is expected to
report a
20.0% decrease in revenue to $1.48 million from $1.85 million a
year ago, according to the mean estimate from 5 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Precigen Inc is for a
loss
of 9 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 1 "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
$7.00​, above​ its last closing price of $1.29. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001               -0.08      -0.13     Missed  -67.7
 Sep. 30 0001  -0.08       -0.08      -0.08     Met     -2.6
 Jun. 30 2023  -0.10       -0.10      -0.08     Beat    20​
 Mar. 31 2023  -0.10       -0.09      -0.10     Missed  -9.6
 ​​Dec.        -0.10       -0.10      -0.11     Missed  -10
 31 2022                                                
 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
 This summary was machine generated May 10 at 20:58 GMT.  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)