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

Prelude Therapeutics Incorporated

07/08/2023 14:32

* Prelude Therapeutics Inc  PRLD.OQ  reported a quarterly
adjusted
loss of 54 cents​​ per share for the quarter ended in June. The
mean expectation of four analysts for the quarter was for a loss
of 63 cents per share.
    * Reported revenue was zero​; analysts expected zero. 
    * Prelude Therapeutics Inc's reported EPS for the quarter
was a
loss of 54 cents​.
    * The mean earnings estimate of analysts had risen by
about 4.4%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Prelude Therapeutics Inc shares had fallen by 18.4% this
quarter and lost 39.2% so far this year.
    * The company reported a quarterly loss of $30.43 million.
    * Wall Street's median 12-month price target for Prelude
Therapeutics Inc is $10.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 7 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.63          -0.54          Beat
 Mar. 31 2023      -0.68          -0.58          Beat
 Dec. 31 2022      -0.63          -0.60          Beat
 Sep. 30 2022      -0.64          -0.63          Beat