Allakos Inc reports results for the quarter ended March 31 - Earnings Summary
Allakos IncQ) reported a quarterly adjusted loss of 29 cents per share for the quarter ended March 31, an improvement from a loss of 81 cents in the same quarter last year. The company's reported revenue was zero, matching analyst expectations. Allakos shares rose 44% this quarter but are down 72.9% year-to-date. Analysts maintain a "hold" rating, with a median 12-month price target of $0.40. No earnings estimate revisions occurred in the last 30 days.
Allakos Inc (ALLK.OQ) reported a quarterly adjusted loss of 29 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -81 cents. The mean expectation of three analysts for the quarter was for a loss of 29 cents per share. Wall Street expected results to range from -32 cents to -25 cents per share.
Reported revenue was zero; analysts expected zero.
Allakos Inc’s reported EPS for the quarter was a loss of 29 cents.
The company reported a quarterly loss of $26.18 million.
Allakos Inc shares had risen by 44.0% this quarter and lost 72.9% so far this year. FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 0.7% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company. RECOMMENDATIONS
The current average analyst rating on the shares is “hold” and the breakdown of recommendations is no “strong buy” or “buy,” 5 “hold” and no “sell” or “strong sell.” The average consensus recommendation for the biotechnology & medical research peer group is also “hold”
Wall Street’s median 12-month price target for Allakos Inc is $0.40 This summary was machine generated from LSEG data May 7 at 10:12 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Mar. 31 2025 -0.29 -0.29 Met
Dec. 31 2024 -0.17 0.00 Beat
Sep. 30 2024 -0.25 -0.21 Beat
Jun. 30 2024 -0.33 -0.30 Beat
