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Stock impact report

Analysts Have Just Cut Their Aclaris Therapeutics, Inc. (NASDAQ:ACRS) Revenue Estimates By 51% [Yahoo! Finance]

Aclaris Therapeutics, Inc. (ACRS) 
Last aclaris therapeutics, inc. earnings: 2/25 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: aclaristx.com
Company Research Source: Yahoo! Finance
their statutory estimates that might leave shareholders a little shell-shocked. Revenue estimates were cut sharply as analysts signalled a weaker outlook - perhaps a sign that investors should temper their expectations as well. Following the latest downgrade, the seven analysts covering Aclaris Therapeutics provided consensus estimates of US$5.6m revenue in 2024, which would reflect a sizeable 82% decline on its sales over the past 12 months. Losses are forecast to hold steady at around US$1.23 per share. Yet before this consensus update, the analysts had been forecasting revenues of US$11m and losses of US$1.15 per share in 2024. Ergo, there's been a clear change in sentiment, with the analysts administering a notable cut to this year's revenue estimates, while at the same time increasing their loss per share forecasts. See our latest analysis for Aclaris Therapeutics Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they meas Show less Read more
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