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QTTB — Q32 Bio News Story

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Q32 Bio Inc reports results for the quarter ended March 31 - Earnings Summary

Q32 Bio Inc QTTB.OQ reported a quarterly adjusted loss of 90 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $-14.95.  The mean expectation of three analysts for the quarter was for a loss of $1.23 per share. Wall Street expected results to range from $-1.26 to $-1.20 per share.

Reported revenue was zero​; analysts expected zero.

Q32 Bio Inc's reported EPS for the quarter was a loss of 90 cents​.

The company reported a quarterly loss of $11.03 million.

Q32 Bio Inc shares had fallen by 4.8% this quarter and lost 54.4% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 6.8% 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 "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the biotechnology & medical research peer group is  "hold."

Wall Street's median 12-month price target for Q32 Bio Inc is $10.50

This summary was machine generated from LSEG data May 8 at 12:54 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 2025-1.23-0.90Beat
Dec. 31 2024-1.51-1.16Beat
Sep. 30 2024-1.40-1.46Missed
Jun. 30 2024-1.04-1.42Missed

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