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Stock impact report

Avidity Biosciences Full Year 2023 Earnings: Misses Expectations [Yahoo! Finance]

Avidity Biosciences, Inc. (RNA) 
Company Research Source: Yahoo! Finance
US$2.91 loss per share. All figures shown in the chart above are for the trailing 12 month (TTM) period Avidity Biosciences Revenues and Earnings Miss Expectations Revenue missed analyst estimates by 51%. Earnings per share (EPS) also missed analyst estimates by 5.4%. Looking ahead, revenue is forecast to grow 60% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Biotechs industry in the US. Performance of the American Biotechs industry. The company's shares are up 30% from a week ago. Risk Analysis What about risks? Every company has them, and we've spotted 3 warning signs for Avidity Biosciences you should know about. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our ar Show less Read more
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