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

Synlogic

11/05/2023 13:04

* Synlogic Inc  SYBX.OQ  reported a quarterly adjusted loss
of 23
cents​​ per share for the quarter ended in March. The mean
expectation of four analysts for the quarter was for a loss
of 23 cents per share.
    * Revenue fell 28.7% to $174.00 thousand from a year ago;
analysts
expected $139.75 thousand. 
    * The mean earnings estimate of analysts had fallen by
about 9.4%
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 fallen by 12.2% this quarter and
lost 27.0% so far this year.
    * Wall Street's median 12-month price target for Synlogic
Inc is
$6.75 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 4 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
11 at 12:04 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.23          -0.23          Met
 Dec. 31 2022      -0.25          -0.24          Beat
 Sep. 30 2022      -0.23          -0.25          Missed
 Jun. 30 2022      -0.23          -0.22          Beat