Synlogic Inc reports results for the quarter ended September 30 - Earnings Summary

Synlogic

15/11/2024 14:31

* Synlogic Inc  SYBX.OQ  reported a quarterly adjusted loss
of 1
cent​​ per share for the quarter ended September 30, higher than
the same quarter last year, when the company reported EPS of
$-2.57.  The mean expectation of two analysts for the quarter
was for a loss of 18 cents per share. 
    * Reported revenue was zero​; analysts expected zero. 
    * Synlogic Inc's reported EPS for the quarter was a loss of
1
cent​.
    * The company reported a quarterly loss of $117 thousand.
    * Synlogic Inc shares had fallen by 6.7% this quarter and
lost 63.9% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged 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 "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the biotechnology
&
medical research peer group is also "hold"

Wall Street's median 12-month price target for Synlogic Inc is
$1.00 
This summary was machine generated from LSEG data November 15 at
02:30 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
 Sep. 30 2024      -0.18          -0.01          Beat
 Jun. 30 2024      -0.51          0.16           Beat
 Mar. 31 2024      -0.82          -2.60          Missed
 Dec. 31 2023      -0.97          -1.71          Missed