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Stock impact report

US$10.00 - That's What Analysts Think ADC Therapeutics SA (NYSE:ADCT) Is Worth After These Results [Yahoo! Finance]

ADC Therapeutics SA Common Shares (ADCT) 
Company Research Source: Yahoo! Finance
It was a pretty bad result overall; while revenues were in line with expectations at US$70m, statutory losses exploded to US$2.94 per share. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year. Check out our latest analysis for ADC Therapeutics Taking into account the latest results, the most recent consensus for ADC Therapeutics from four analysts is for revenues of US$82.1m in 2024. If met, it would imply a solid 18% increase on its revenue over the past 12 months. Losses are predicted to fall substantially, shrinking 28% to US$2.10. Yet prior to the latest earnings, the analysts had been forecasting revenues of US$80.7m and losses of US$1.85 per share in 2024. While this year's revenue estimates held Show less Read more
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