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Stock impact report

Analysts Have Lowered Expectations For REGENXBIO Inc. (NASDAQ:RGNX) After Its Latest Results [Yahoo! Finance]

REGENXBIO Inc. (RGNX) 
Last regenxbio inc. earnings: 2/26 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.regenxbio.com
Company Research Source: Yahoo! Finance
It looks to have been a weak result overall, as revenue of US$16m were 31% less than the analysts expected. Unsurprisingly, losses were also somewhat larger than was modelled, at US$1.38 per share. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on REGENXBIO after the latest results. View our latest analysis for REGENXBIO Following the latest results, REGENXBIO's eleven analysts are now forecasting revenues of US$117.9m in 2024. This would be a substantial 36% improvement in revenue compared to the last 12 months. Losses are forecast to narrow 7.4% to US$4.89 per share. Before this latest report, the consensus had been expecting revenues of US$134.4m and US$4.12 per share in losses. There's been a de Show less Read more
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