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SGMOQ Sangamo Therapeutics News Story

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Sangamo Therapeutics Inc expected to post a loss of 15 cents a share - Earnings Preview

* Sangamo Therapeutics Inc  SGMO.OQ   SGMO.O  is expected
to show
a rise in quarterly revenue when it reports  results on August 6
for the period ending June 30 2024
    * The Richmond California California-based  company is
expected to
report a 20.8% increase in revenue to $8.26 million from $6.84
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Sangamo Therapeutics Inc
is
for a loss of 15 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 4
"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 Sangamo
Therapeutics Inc is $3.00​, above​ its last closing price
of $0.70. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  -0.22       -0.21      -0.27     Missed  -26.3
 Dec. 31 2024              -0.32      -0.34     Missed  -32.7
 Jan. 1 0001   -0.31       -0.32      -0.59     Missed  -84.4​
 Jan. 1 0001   -0.35       -0.34      -0.66     Missed  -92.7
 ​​Dec.        -0.32       -0.33      0.12      Beat    136.6
 31 2022                                                
 Dec. 31 2022  -0.35       -0.36      -0.32     Beat    11.1​
 Jan. 1 0001   -0.34       -0.36      -0.34     Beat    4.3
 Jan. 1 0001   -0.33       -0.35      -0.29     Beat    17.8
 This summary was machine generated August 2 at 22:51 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)

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