Arvinas (NASDAQ: ARVN) is set to announce its financial results for the third quarter of 2024 on Wednesday 30th October 2024. This highly anticipated announcement is scheduled to take place before market open. Investors will have the opportunity to learn more about the company's performance during the quarter.
Financial analysts on Wall Street are predicting that the firm is about to reveal an estimated $0.96 loss per share for the quarter. Additionally, the company is projected to announce a total revenue of $57.42 million for this period.
Examining the corresponding quarter from the previous year, the company's earnings report unveiled a loss of $1.18 per share. This number was attributed to the company's total revenue, which settled at an impressive $34.6 million during the same period.
Wall Street analysts have revealed their projections for the company's yearly performance, with a total revenue of $215.1 million. Furthermore, they expect the business to achieve loss of $3.51 per share during the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $-0.49 | +60.8% | 76.50 M | +40.4% |
| Q1 2024 | $-0.97 | +37.0% | 25.30 M | -22.2% |
| Q4 2023 | $-2.53 | -62.2% | -43.10 M | -213.4% |
| Q3 2023 | $-1.18 | +4.8% | 34.60 M | +14.2% |
| Q2 2023 | $-1.25 | +5.3% | 54.50 M | +74.1% |
| *Growth on year-over-year basis | ||||
ARVN has scheduled a conference call on 30th October 2024 at 08:00 AM eastern time to discuss the third quarter financial results and other related information.
Arvinas (ARVN) experienced a trading range of $26.26 to $27.78, along with a total volume of 887.40 thousand shares during the day. The stock concluded Monday's regular trading session at $27.12, reflecting an upturn of 4.63 percent.
