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Zymeworks Inc reports results for the quarter ended June 30 - Earnings Summary

Zymeworks Inc ZYME.OQ reported quarterly adjusted earnings of 3 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -27 cents.  The mean expectation of eight analysts for the quarter was for a loss of 49 cents per share. Wall Street expected results to range from -58 cents to -38 cents per share.

Revenue rose 153.2% to $48.73 million from a year ago; analysts expected $19.38 million.

Zymeworks Inc's reported EPS for the quarter was 3 cents​.

The company reported quarterly net income of $2.32 million.

Zymeworks Inc shares had fallen by 1.1% this quarter and lost 15.2% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 0.9% 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 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 Zymeworks Inc is $19.50, about 37.6% above its last closing price of $12.16

This summary was machine generated from LSEG data August 8 at 04:22 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
Jun. 30 2025-0.490.03Beat
Mar. 31 2025-0.41-0.30Beat
Dec. 31 2024-0.10-0.31Missed
Sep. 30 2024-0.40-0.39Beat

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