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

Regulus Therapeutics

08/08/2024 23:31

* Regulus Therapeutics Inc  RGLS.OQ  reported a quarterly
adjusted
loss of 17 cents​​ per share for the quarter ended in June,
higher than the same quarter last year, when the company
reported EPS of -37 cents.  The mean expectation of six analysts
for the quarter was for a loss of 15 cents per share. Wall
Street expected results to range from -26 cents to -12 cents per
share.
    * Reported revenue was zero​; analysts expected zero. 
    * Regulus Therapeutics Inc's reported EPS for the quarter
was a
loss of 17 cents​.
    * The company reported a quarterly loss of $11.04 million.
    * Regulus Therapeutics Inc shares had fallen by 18.2% this
quarter and gained 14.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 27.5%
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 5 "strong buy" or "buy," 1
"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 Regulus
Therapeutics Inc is $7.50 
This summary was machine generated from LSEG data August 8 at
10:30 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 2024      -0.15          -0.17          Missed
 Mar. 31 2024      -0.22          -0.29          Missed
 Dec. 31 2023      -0.39          -0.40          Missed
 Sep. 30 2023      -0.40          -0.40          Met