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SGMOQ Sangamo Therapeutics News Story

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Sangamo Therapeutics Inc expected to post a loss of 9 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 March 17 for the period ending December 31 2024

The Richmond California California-based  company is expected to report a 566.8% increase in revenue to $13.617 million from $2.04 million a year ago, according to the mean estimate from 6 analysts, based on LSEG data.

​LSEG's mean analyst estimate for Sangamo Therapeutics Inc is for a loss of 9 cents per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 3 "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 $4.00​, above​ its last closing price of $0.92. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDINGSTARMINESMARTESTIMATE®LSEG IBES ESTIMATEACTUALBEAT, MET, MISSEDSURPRISE %
Sep. 30 2024-0.06-0.030.04Beat240
Jun. 30 2024-0.15-0.15-0.18Missed-23.5
Mar. 31 2024-0.22-0.21-0.27Missed-26.3​
Dec. 31 2023-0.26-0.34Missed-32.7
​​Sep. 30 2023-0.31-0.32-0.59Missed-84.4
Jun. 30 2023-0.35-0.34-0.66Missed-92.7​
Mar. 31 2023-0.32-0.330.12Beat136.6
Dec. 31 2022-0.35-0.36-0.32Beat11.1
This summary was machine generated March 14 at 20:23 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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