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

Theravance Biopharma

13/05/2024 22:02

* Theravance Biopharma Inc  TBPH.OQ  reported a quarterly
adjusted
loss of 24 cents​​ per share for the quarter ended in March,
higher than the same quarter last year, when the company
reported EPS of -35 cents.  The mean expectation of
four analysts for the quarter was for a loss of 25 cents per
share. Wall Street expected results to range from -40 cents
to -16 cents per share.
    * Revenue rose 39.2% to $14.50 million from a year ago;
analysts
expected $13.96 million. 
    * Theravance Biopharma Inc's reported EPS for the quarter
was a
loss of 24 cents​.
    * The company reported a quarterly loss of $11.66 million.
    * Theravance Biopharma Inc shares had risen by 4.6% this
quarter and lost 16.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 3.3%
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 3 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the
pharmaceuticals
peer group is also "buy"

Wall Street's median 12-month price target for Theravance
Biopharma Inc is $15.00 
This summary was machine generated from LSEG data May 13 at
09:01 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      -0.25          -0.24          Beat
 Dec. 31 2023      -0.15          -0.17          Missed
 Sep. 30 2023      -0.21          -0.17          Beat
 Jun. 30 2023      -0.21          -0.28          Missed