Sangamo Therapeutics Inc reports results for the quarter ended December 31 - Earnings Summary
17/03/2025 21:02
Sangamo Therapeutics Inc SGMO.OQ reported a quarterly adjusted loss of 11 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -34 cents. The mean expectation of eight analysts for the quarter was for a loss of 9 cents per share. Wall Street expected results to range from -15 cents to -5 cents per share. Revenue rose 269.8% to $7.55 million from a year ago; analysts expected $13.62 million. Sangamo Therapeutics Inc's reported EPS for the quarter was a loss of 11 cents. The company reported a quarterly loss of $23.4 million. Sangamo Therapeutics Inc shares had fallen by 3.8% this quarter. FORECAST CHANGES The mean earnings estimate of analysts had risen by about 2.7% 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," 3 "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 Sangamo Therapeutics Inc is $4.00 This summary was machine generated from LSEG data March 17 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 |
| Dec. 31 2024 | -0.09 | -0.11 | Missed |
| Sep. 30 2024 | -0.03 | 0.04 | Beat |
| Jun. 30 2024 | -0.15 | -0.18 | Missed |
| Mar. 31 2024 | -0.21 | -0.27 | Missed |