Precision BioSciences Inc reports results for the quarter ended June 30 - Earnings Summary

Precision Biosciences

06/08/2026 16:25

Precision BioSciences Inc DTIL.OQ reported a quarterly adjusted loss of $1.26​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $-2.13.  The mean expectation of five analysts for the quarter was for a loss of 79 cents per share. Wall Street expected results to range from -98 cents to -50 cents per share.
Reported revenue was zero​; analysts expected $1.13 million. 
Precision BioSciences Inc's reported EPS for the quarter was a loss of $1.26​.
The company reported a quarterly loss of $32.65 million.
Precision BioSciences Inc shares had fallen by 5.0% this quarter and gained 79.6% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 3.9% 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 "strong buy" and the breakdown of recommendations is 5 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the biotechnology & medical research peer group is  "buy."
Wall Street's median 12-month price target for Precision BioSciences Inc is $20.00, about 62.7% above its last closing price of $7.47
This summary was machine generated from LSEG data August 6 at 03:25 p.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
Jun. 30 2026 
-0.79
-1.26
Missed
Mar. 31 2026 
-0.65
-0.75
Missed
Dec. 31 2025 
-0.53
1.05
Beat
Sep. 30 2025 
-1.34
-1.84
Missed