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VIR — Vir Biotechnology News Story

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Vir Biotechnology Inc reports results for the quarter ended March 31 - Earnings Summary

Vir Biotechnology Inc VIR.OQ reported a quarterly adjusted loss of 88 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -48 cents.  The mean expectation of seven analysts for the quarter was for a loss of 84 cents per share. Wall Street expected results to range from $-1.03 to -67 cents per share.

Revenue fell 94.6% to $3.03 million from a year ago; analysts expected $8.59 million.

Vir Biotechnology Inc's reported EPS for the quarter was a loss of 88 cents​.

The company reported a quarterly loss of $120.97 million.

Vir Biotechnology Inc shares had fallen by 13.4% this quarter and lost 23.6% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 3.5% in the last three months.​

In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "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 "buy"

Wall Street's median 12-month price target for Vir Biotechnology Inc is $20.00

This summary was machine generated from LSEG data May 8 at 05:47 a.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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 2025-0.84-0.88Missed
Dec. 31 2024-0.87-0.76Beat
Sep. 30 2024-1.05-1.56Missed
Jun. 30 2024-0.90-1.02Missed

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