Xoma Royalty Corp Reports Results For The Quarter Ended In September 30: Earnings Summary

Xoma Royalty

07/11/2024 14:39

* XOMA Royalty Corp  XOMA.OQ  reported a quarterly adjusted
loss
of $1.59​​ per share for the quarter ended September 30, lower
than the same quarter last year, when the company reported EPS
of -60 cents.  The mean expectation of three analysts for the
quarter was for a loss of 44 cents per share. Wall Street
expected results to range from -66 cents to -32 cents per share.
    * Revenue rose 767.1% to $7.20 million from a year ago;
analysts
expected $6.49 million. 
    * XOMA Royalty Corp's reported EPS for the quarter was a
loss of
$1.59​.
    * The company reported a quarterly loss of $18.61 million.
    * XOMA Royalty Corp shares had risen by 22.6% this
quarter and
gained 75.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 28.9%
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 2 "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 XOMA Royalty Corp
is 83.00 
This summary was machine generated from LSEG data November 7 at
02:38 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      -0.44          -1.59          Missed
 Jun. 30 2024      -0.27          0.84           Beat
 Mar. 31 2024      -0.81          -0.86          Missed
 Dec. 31 2023      -0.36          -0.49          Missed