Prelude Therapeutics Incorporated reports results for the quarter ended June 30 - Earnings Summary
Prelude Therapeutics Incorporated reports results for the quarter ended June 30 - Earnings Summary
Prelude Therapeutics Incorporated PRLD.OQ reported a quarterly adjusted loss of 14 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -41 cents. The mean expectation of three analysts for the quarter was for a loss of 20 cents per share. Wall Street expected results to range from -22 cents to -17 cents per share.
Revenue was $5.70 million; analysts expected zero.
Prelude Therapeutics Incorporated's reported EPS for the quarter was a loss of 14 cents.
The company reported a quarterly loss of $13.92 million.
Prelude Therapeutics Incorporated shares had fallen by 0.2% this quarter and gained 83.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 3.3% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the biotechnology & medical research peer group is also "buy"
Wall Street's median 12-month price target for Prelude Therapeutics Incorporated is $8.00, about 33.5% above its last closing price of $5.32
This summary was machine generated from LSEG data August 12 at 01:31 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 | -0.20 | -0.14 | Beat |
Mar. 31 2026 | -0.25 | -0.13 | Beat |
Dec. 31 2025 | -0.03 | -0.20 | Missed |
Sep. 30 2025 | -0.37 | -0.26 | Beat |
Recent news on Prelude Therapeutics Incorporated
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