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Stock impact report

Editas Medicine, Inc. (NASDAQ:EDIT) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates [Yahoo! Finance]

Editas Medicine, Inc. (EDIT) 
Last editas medicine, inc. earnings: 2/26 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.editasmedicine.com
Company Research Source: Yahoo! Finance
Unfortunately, Editas Medicine also reported a statutory loss of US$2.02 per share, which at least was smaller than the analysts expected. 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. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year. Check out our latest analysis for Editas Medicine Taking into account the latest results, the current consensus, from the 17 analysts covering Editas Medicine, is for revenues of US$31.2m in 2024. This implies a disturbing 60% reduction in Editas Medicine's revenue over the past 12 months. Per-share losses are expected to explode, reaching US$2.48 per share. Yet prior to the latest earnings, the analysts had been forecasting revenues of US$23.0m and losses of US$2.41 per share in 2024. Ergo, there's been a clear change in sentiment, with Show less Read more
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