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Stock impact report

Earnings Update: Novavax, Inc. (NASDAQ:NVAX) Just Reported And Analysts Are Trimming Their Forecasts [Yahoo! Finance]

Novavax, Inc. (NVAX) 
Last novavax, inc. earnings: 3/11 04:17 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.novavax.com/investor-relations
Company Research Source: Yahoo! Finance
Revenues missed expectations somewhat, coming in at US$984m, but statutory earnings fell catastrophically short, with a loss of US$5.41 some 28% larger than what the analysts had predicted. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year. View our latest analysis for Novavax Following the recent earnings report, the consensus from five analysts covering Novavax is for revenues of US$834.6m in 2024. This implies a chunky 15% decline in revenue compared to the last 12 months. The loss per share is expected to greatly reduce in the near future, narrowing 66% to US$1.33. Yet prior to the latest earnings, the analysts had been forecasting revenues of US$883.4m and losses of US$0.30 per share in 2024. Show less Read more
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