Sutro Biopharma Inc expected to post a loss of 73 cents a share - Earnings Preview

Sutro Biopharma

04/08/2023 12:29

* Sutro Biopharma Inc  STRO.OQ   STRO.O  is expected to show
a
fall in quarterly revenue when it reports  results on August 7
(estimated). 
    * The South San Francisco California-based  company is
expected to
report  a 55.3% decrease in revenue to $12.557 million from
$28.1 million a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Sutro Biopharma Inc
is
for a loss of 73 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 1
"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 Sutro
Biopharma
Inc is $19​, above​ its last closing price of $4.34. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.80       -0.81      -0.85     Missed  -4.8
 Dec. 31 2023  -0.61       -0.62      -0.68     Missed  -9.5
 Sep. 30 2022  -0.75       -0.74      -0.37     Beat    49.9​
 Jun. 30 2022  -0.43       -0.46      -0.55     Missed  -19.2
 ​​Mar.        -0.77       -0.76      -0.84     Missed  -10.9
 31 2022                                                
 Dec. 31 2021  -0.70       -0.69      -0.83     Missed  -20.5​
 Sep. 30 2021  -0.65       -0.65      -0.67     Missed  -2.9
 Jun. 30 2021  -0.41       -0.41      -0.13     Beat    68.6
 This summary was machine generated August 4 at 11:29 GMT.  All
figures in US dollars  unless otherwise stated