Stock Analysis
- United States
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- Biotech
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- NasdaqGS:AGIO
Agios Pharmaceuticals Third Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag
Agios Pharmaceuticals (NASDAQ:AGIO) Third Quarter 2024 Results
Key Financial Results
- Revenue: US$8.96m (up 21% from 3Q 2023).
- Net income: US$947.9m (up from US$91.3m loss in 3Q 2023).
- EPS: US$16.65 (up from US$1.64 loss in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Agios Pharmaceuticals EPS Beats Expectations, Revenues Fall Short
Revenue missed analyst estimates by 5.7%. Earnings per share (EPS) exceeded analyst estimates by 87%.
Looking ahead, revenue is forecast to grow 56% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Biotechs industry in the US.
Performance of the American Biotechs industry.
The company's shares are down 1.5% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 2 warning signs for Agios Pharmaceuticals (1 is significant!) that you should be aware of.
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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 articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About NasdaqGS:AGIO
Agios Pharmaceuticals
A biopharmaceutical company, discovers and develops medicines in the field of cellular metabolism in the United States.