Theravance Biopharma Inc reports results for the quarter ended in June - Earnings Summary
Theravance Biopharma Inc TBPH reported a quarterly adjusted loss of 28 cents per share for the quarter ended in June, identical to the same quarter last year. The mean expectation of four analysts for the quarter was for a loss of 21 cents per share. Wall Street expected results to range from -24 cents to -19 cents per share.
Revenue rose 3.7% to $14.26 million from a year ago; analysts expected $15.45 million.
Theravance Biopharma Inc's reported EPS for the quarter was a loss of 34 cents.
The company reported a quarterly loss of $16.53 million.
Theravance Biopharma Inc shares had risen by 13.7% this quarter and lost 14.2% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 3.4% 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 3 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."
The average consensus recommendation for the pharmaceuticals peer group is also "buy"
Wall Street's median 12-month price target for Theravance Biopharma Inc is $15.00
This summary was machine generated from LSEG data August 5 at 09:02 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 | -0.21 | -0.28 | Missed |
Mar. 31 2024 | -0.25 | -0.24 | Beat |
Dec. 31 2023 | -0.15 | -0.17 | Missed |
Sep. 30 2023 | -0.21 | -0.17 | Beat |