Relay Therapeutics Inc reports results for the quarter ended March 31 - Earnings Summary

Relay Therapeutics

05/05/2025 22:01

Relay Therapeutics Inc RLAY.OQ reported a quarterly adjusted loss of 46 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -62 cents.  The mean expectation of eleven analysts for the quarter was for a loss of 49 cents per share. Wall Street expected results to range from -60 cents to -31 cents per share.

Revenue fell 23.3% to $7.68 million from a year ago; analysts expected $10.00 thousand.

Relay Therapeutics Inc's reported EPS for the quarter was a loss of 46 cents​.

The company reported a quarterly loss of $77.07 million.

Relay Therapeutics Inc shares had risen by 24.0% this quarter and lost 21.1% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 18.9% 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 11 "strong buy" or "buy," 2 "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 Relay Therapeutics Inc is $16.50

This summary was machine generated from LSEG data May 5 at 09:01 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
Mar. 31 2025
-0.49
-0.46
Beat
Dec. 31 2024
-0.56
-0.45
Beat
Sep. 30 2024
-0.77
-0.63
Beat
Jun. 30 2024
-0.73
-0.69
Beat