Synlogic Inc reports results for the quarter ended in June - Earnings Summary

Synlogic

10/08/2023 14:08

* Synlogic Inc  SYBX.OQ  reported a quarterly adjusted loss
of 21
cents​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for a loss
of 24 cents per share.
    * Revenue fell 77% to $35.00 thousand from a year ago;
analysts
expected $126.33 thousand. 
    * Synlogic Inc's reported EPS for the quarter was a loss
of 21
cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Synlogic Inc shares had risen by 14.0% this quarter and
lost 35.5% so far this year.
    * The company reported a quarterly loss of $15.05 million.
    * Wall Street's median 12-month price target for Synlogic
Inc is
$5.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 10 at 01:08 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.24          -0.21          Beat
 Mar. 31 2023      -0.23          -0.23          Met
 Dec. 31 2022      -0.25          -0.24          Beat
 Sep. 30 2022      -0.23          -0.25          Missed