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Stock impact report

Wave Life Sciences Ltd. (NASDAQ:WVE) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates [Yahoo! Finance]

Wave Life Sciences Ltd. - Ordinary Shares (WVE) 
Last wave life sciences ltd. - ordinary shares earnings: 3/2 06:45 am Check Earnings Report
Company Research Source: Yahoo! Finance
Revenues beat expectations coming in atUS$113m, ahead of estimates by 8.9%. Statutory losses were somewhat smaller thanthe analysts expected, coming in at US$0.54 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. 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 Wave Life Sciences Taking into account the latest results, the current consensus, from the seven analysts covering Wave Life Sciences, is for revenues of US$71.7m in 2024. This implies a concerning 37% reduction in Wave Life Sciences' revenue over the past 12 months. Per-share losses are expected to explode, reaching US$0.96 per share. Before this earnings announcement, the analysts had been modelling revenues of US$63.7m and losses of US$0.95 per share in 2024. Show less Read more
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