Shattuck Labs Inc reports results for the quarter ended in March - Earnings Summary

Shattuck Labs

07/05/2024 13:01

* Shattuck Labs Inc  STTK.OQ  reported a quarterly adjusted
loss
of 37 cents​​ per share for the quarter ended in March, higher
than the same quarter last year, when the company reported EPS
of -49 cents.  The mean expectation of five analysts for the
quarter was for a loss of 45 cents per share. Wall Street
expected results to range from -52 cents to -38 cents per share.
    * Revenue rose 1,856.1% to $1.12 million from a year ago;
analysts
expected $228.50 thousand. 
    * Shattuck Labs Inc's reported EPS for the quarter was a
loss
of 37 cents​.
    * The company reported a quarterly loss of $18.5 million.
    * Shattuck Labs Inc shares had risen by 25.1% this
quarter and
gained 56.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 12.8%
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 6 "strong buy" or "buy," no
"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 Shattuck Labs Inc
is $12.00 
This summary was machine generated from LSEG data May 7 at 12:00
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 2024      -0.45          -0.37          Beat
 Dec. 31 2023      -0.57          -0.41          Beat
 Sep. 30 2023      -0.52          -0.65          Missed
 Jun. 30 2023      -0.52          -0.50          Beat