Ascendis Pharma A/S reports results for the quarter ended September 30 - Earnings Summary

Reuters
15 Nov 2024
<a href="https://laohu8.com/S/ASND">Ascendis Pharma A/S</a> reports results for the quarter ended September 30 - Earnings Summary
  • Ascendis Pharma A/S ASND.OQ reported a quarterly adjusted loss of €1.72​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of €-2.88. The mean expectation of thirteen analysts for the quarter was for a loss of €1.74 per share. Wall Street expected results to range from $-2.14 to €-1.23 per share.

  • Revenue rose 20.4% to $57.83 million from a year ago; analysts expected €82.36 million.

  • Ascendis Pharma A/S's reported EPS for the quarter was a loss of €1.72​.

  • The company reported a quarterly loss of €99.2 million.

  • Ascendis Pharma A/S shares had fallen by 16.8% this quarter and lost 1.3% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 44.4% in the last three months.​

  • In the last 30 days, four analysts negatively revised earnings estimates

RECOMMENDATIONS

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "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 Ascendis Pharma A/S is $191.00

This summary was machine generated from LSEG data November 15 at 02:04 p.m. UTC. ​All figures in euros 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

-1.74

-1.72

Beat

Jun. 30 2024

-1.38

-1.91

Missed

Mar. 31 2024

-1.50

-2.30

Missed

Dec. 31 2023

-2.03

-1.54

Beat

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