X4 Pharmaceuticals Inc reports results for the quarter ended in June - Earnings Summary

X4 Pharmaceuticals

08/08/2024 14:32

* X4 Pharmaceuticals Inc  XFOR.OQ  reported a quarterly
adjusted
loss of 7 cents​​ per share for the quarter ended in June,
higher than the same quarter last year, when the company
reported EPS of -33 cents.  The mean expectation of
seven analysts for the quarter was for earnings of one cent per
share. Wall Street expected results to range from -24 cents
to 34 cents per share.
    * Revenue was $563.00 thousand​; analysts expected $278.67
thousand. 
    * X4 Pharmaceuticals Inc's reported EPS for the quarter was
45
cents​.
    * The company reported quarterly net income of $90.83
million.
    * X4 Pharmaceuticals Inc shares had risen by 8.8% this
quarter and
lost 24.7% 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 "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"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 X4
Pharmaceuticals Inc is $5.00 
This summary was machine generated from LSEG data August 8 at
01:32 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
 Jun. 30 2024      0.01           -0.07          Missed
 Mar. 31 2024      -0.16          -0.26          Missed
 Dec. 31 2023      -0.15          -0.10          Beat
 Sep. 30 2023      -0.15          -0.01          Beat