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Stock impact report

Earnings Update: Generation Bio Co. (NASDAQ:GBIO) Just Reported Its Third-Quarter Results And Analysts Are Updating Their Forecasts [Yahoo! Finance]

Generation Bio Co. - Common stock (GBIO) 
Company Research Source: Yahoo! Finance
Results clearly exceeded expectations, with a substantial revenue beat leading to smaller losses in what looks like a definite win for investors. Revenues were US$7.6m and the statutory loss per share was US$0.23, smaller than the analysts had forecast. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Generation Bio after the latest results. See our latest analysis for Generation Bio Following the recent earnings report, the consensus from seven analysts covering Generation Bio is for revenues of US$6.55m in 2025. This implies a stressful 65% decline in revenue compared to the last 12 months. Losses are predicted to fall substantially, shrinking 50% to US$1.08. Before this latest re Show less Read more
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