PeptiDream Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags

PeptiDream (TSE:4587) Third Quarter 2024 Results

Key Financial Results

• Revenue: JP¥5.47b (down 58% from 3Q 2023).
• Net loss: JP¥304.7m (down by 107% from JP¥4.27b profit in 3Q 2023).
• JP¥2.35 loss per share (down from JP¥32.95 profit in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

PeptiDream Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 4.2%. Earnings per share (EPS) missed analyst estimates.

Looking ahead, revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Biotechs industry in Japan.

Performance of the Japanese Biotechs industry.

The company's shares are up 3.1% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 2 warning signs for PeptiDream (1 is significant!) that you need to be mindful of.

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