Aptevo Therapeutics Inc APVO.OQ reported a quarterly adjusted loss of $1.67 per share for the quarter ended in June, higher than the same quarter last year, when the company reported EPS of $-54.12. The mean expectation of two analysts for the quarter was for a loss of $6.55 per share. Wall Street expected results to range from $-11.17 to $-1.93 per share.
Reported revenue was zero; analysts expected zero.
Aptevo Therapeutics Inc's reported EPS for the quarter was a loss of $1.67.
The company reported a quarterly loss of $5.88 million.
Aptevo Therapeutics Inc shares had risen by 35.9% this quarter and lost 94.8% 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 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," "hold" and "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 Aptevo Therapeutics Inc is $13.75
This summary was machine generated from LSEG data August 8 at 02:47 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 |
-6.55 |
-1.67 |
Beat |
Mar. 31 2024 |
-12.84 |
-9.95 |
Beat |
Dec. 31 2023 |
-18.04 |
-6.16 |
Beat |
Sep. 30 2023 |
-33.00 |
-22.00 |
Beat |