Precigen Inc reports results for the quarter ended in June - Earnings Summary

Precigen

09/08/2022 02:27

* Precigen Inc  PGEN.OQ  reported a quarterly adjusted loss
of 9
cents​​ per share for the quarter ended in June. The mean
expectation of five analysts for the quarter was for a loss
of 13 cents per share.
    * Revenue fell 91.3% to $2.91 million from a year ago;
analysts
expected $24.63 million. 
    * Precigen Inc's reported EPS for the quarter was a loss
of 9
cents​.
    * The mean earnings estimate of analysts had fallen by
about 153.8% in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Precigen Inc shares had risen by 54.5% this quarter and
lost 44.2% so far this year.
    * The company reported a quarterly loss of $17.64 million.
    * Wall Street's median 12-month price target for Precigen
Inc is
$13.00 
    * 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." 

This summary was machine generated from Refinitiv data August 9
at 01:27 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.13          -0.09          Beat
 Mar. 31 2022      -0.13          -0.10          Beat
 Dec. 31 2021      -0.14          -0.13          Beat
 Sep. 30 2021      -0.14          -0.15          Missed