Terns Pharmaceuticals Inc reports results for the quarter ended in June - Earnings Summary
Terns Pharmaceuticals Inc TERN.OQ reported a quarterly adjusted loss of 25 cents per share for the quarter ended in June. The mean expectation of nine analysts for the quarter was for a loss of 34 cents per share.
Reported revenue was zero; analysts expected zero.
Terns Pharmaceuticals Inc's reported EPS for the quarter was a loss of 25 cents.
The mean earnings estimate of analysts had fallen by about 24.5% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
Terns Pharmaceuticals Inc shares had fallen by 23.9% this quarter and lost 34.6% so far this year.
The company reported a quarterly loss of $17.9 million.
Wall Street's median 12-month price target for Terns Pharmaceuticals Inc is $17.50
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."
This summary was machine generated from LSEG Refinitiv data August 8 at 10:33 p.m. UTC. All figures in US dollars unless otherwise stated.
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2023 | -0.34 | -0.25 | Beat |
Mar. 31 2023 | -0.27 | -0.31 | Missed |
Dec. 31 2022 | -0.43 | -0.29 | Beat |
Sep. 30 2022 | -0.52 | -0.44 | Beat |
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