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Stock impact report

Rigel Pharmaceuticals, Inc. (NASDAQ:RIGL) Analysts Are Pretty Bullish On The Stock After Recent Results [Yahoo! Finance]

Rigel Pharmaceuticals, Inc. (RIGL) 
Last rigel pharmaceuticals, inc. earnings: 2/27 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.rigel.com
Company Research Source: Yahoo! Finance
It was a pretty negative result overall, with revenues of US$30m missing analyst predictions by 6.2%. Worse, the business reported a statutory loss of US$0.05 per share, much larger than the analysts had forecast prior to the result. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. 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 Rigel Pharmaceuticals Taking into account the latest results, the most recent consensus for Rigel Pharmaceuticals from six analysts is for revenues of US$149.7m in 2024. If met, it would imply a sizeable 26% increase on its revenue over the past 12 months. The loss per share is expected to greatly reduce in the near future, narrowing 52% to US$0.055. Before this latest report, the Show less Read more
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