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Stock impact report

ADC Therapeutics SA (NYSE:ADCT) First-Quarter Results: Here's What Analysts Are Forecasting For This Year [Yahoo! Finance]

ADC Therapeutics SA Common Shares (ADCT) 
Company Research Source: Yahoo! Finance
The early response was not positive, with shares down 6.8% to US$4.41 in the past week. The results overall were pretty much dead in line with analyst forecasts; revenues were US$18m and statutory losses were US$0.56 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. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results. Check out our latest analysis for ADC Therapeutics Taking into account the latest results, the current consensus from ADC Therapeutics' six analysts is for revenues of US$77.7m in 2024. This would reflect a decent 13% increase on its revenue over the past 12 months. Losses are predicted to fall substantially, shrinking 33% to US$1.84. Before this earnings announcement, the analysts had been modelling revenues of US$80. Show less Read more
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