NGM Biopharmaceuticals, Inc. Third-Quarter Results: Here's What Analysts Are Forecasting For Next Year [Yahoo! Finance News]
NGM Biopharmaceuticals, Inc. (NGM)
Last ngm biopharmaceuticals, inc. earnings: 3/17 04:05 pm
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Source: Yahoo! Finance News
NGM Biopharmaceuticals, Inc. Third-Quarter Results: Here's What Analysts Are Forecasting For Next Year It's been a pretty great week for NGM Biopharmaceuticals, Inc. NASDAQ:NGM See our latest analysis for NGM Biopharmaceuticals After the latest results, the consensus from NGM Biopharmaceuticals's four analysts is for revenues of US$83.5m in 2020, which would reflect a substantial 30% decline in sales compared to the last year of performance. Losses are predicted to fall substantially, shrinking 246% to US$1.25. Before this earnings announcement, analysts had been forecasting revenues of US$83.5m and losses of US$1.17 per share in 2020. Although the revenue estimates have not really changed, we can see there's been a earnings per share expectations, suggesting that analysts have become more bullish after the latest result. The consensus price target held steady at US$25.20, seemingly implying that the higher forecast losses are not expected to have a long term impact on the company's v
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