Galapagos NV reports results for the quarter ended in September 30 - Earnings Summary
Galapagos NV GLPG.AS reported a quarterly adjusted loss of 77 cents per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 39 cents. The mean expectation of two analysts for the quarter was for a loss of 49 cents per share. Wall Street expected results to range from -79 cents to -20 cents per share.
Revenue fell 50.1% to €59.85 million from a year ago; analysts expected €69.44 million.
Galapagos NV's reported EPS for the quarter was a loss of 77 cents.
The company reported a quarterly loss of $50.43 million.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 155.7% 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 "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 9 "hold" and no "sell" or "strong sell."
The average consensus recommendation for the biotechnology & medical research peer group is also "hold"
Wall Street's median 12-month price target for Galapagos NV is €37.50
This summary was machine generated from LSEG data October 31 at 02:31 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 ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Sep. 30 2024 | -0.49 | -0.77 | Missed |
Jun. 30 2024 | -0.21 | 0.14 | Beat |
Mar. 31 2024 | -0.14 | 1.37 | Beat |
Dec. 31 2023 | -3.93 | 2.39 | Beat |
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