Rapid Micro Biosystems Inc expected to post a loss of 25 cents a share - Earnings Preview

Rapid Micro Biosystems

30/10/2024 13:37

* Rapid Micro Biosystems Inc  RPID.OQ   RPID.O  is expected
to show a rise in quarterly revenue when it reports  results on
November 1 for the period ending September 30 2024
    * The Lexington Massachusetts-based  company is expected to
report
a 6.6% increase in revenue to $6.55 million from $6.15 million a
year ago, according to the mean estimate from 2 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Rapid Micro Biosystems
Inc is
for a loss of 25 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Rapid Micro
Biosystems Inc is $8.00​, above​ its last closing price
of $1.08. ​​​

This summary was machine generated October 30 at 13:37 GMT.  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)