Editas Medicine Past Earnings Performance
Past criteria checks 0/6
Editas Medicine's earnings have been declining at an average annual rate of -10.1%, while the Biotechs industry saw earnings growing at 19.1% annually. Revenues have been growing at an average rate of 4.2% per year.
Key information
-10.1%
Earnings growth rate
-1.2%
EPS growth rate
| Biotechs Industry Growth | 17.0% |
| Revenue growth rate | 4.2% |
| Return on equity | -119.9% |
| Net Margin | -341.0% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Little Excitement Around Editas Medicine, Inc.'s (NASDAQ:EDIT) Revenues As Shares Take 34% Pounding
Nov 20
Analysts Are Betting On Editas Medicine, Inc. (NASDAQ:EDIT) With A Big Upgrade This Week
Nov 06Is Editas Medicine (NASDAQ:EDIT) In A Good Position To Invest In Growth?
Sep 26Editas Medicine: A Risk/Reward Worth Considering
Sep 25Benign Growth For Editas Medicine, Inc. (NASDAQ:EDIT) Underpins Stock's 32% Plummet
Aug 23Editas Medicine, Inc. (NASDAQ:EDIT) Consensus Forecasts Have Become A Little Darker Since Its Latest Report
Aug 10Analysts Have Lowered Expectations For Editas Medicine, Inc. (NASDAQ:EDIT) After Its Latest Results
May 12The Market Doesn't Like What It Sees From Editas Medicine, Inc.'s (NASDAQ:EDIT) Revenues Yet As Shares Tumble 25%
Apr 23Editas Medicine, Inc. (NASDAQ:EDIT) Surges 28% Yet Its Low P/S Is No Reason For Excitement
Mar 09Editas Medicine: Several Catalysts For Reni-Cel In 2024 Make This A Must Watch
Feb 28New Forecasts: Here's What Analysts Think The Future Holds For Editas Medicine, Inc. (NASDAQ:EDIT)
Dec 15Broker Revenue Forecasts For Editas Medicine, Inc. (NASDAQ:EDIT) Are Surging Higher
May 10Is Editas Medicine (NASDAQ:EDIT) In A Good Position To Invest In Growth?
Jan 19Editas Medicine gains on report of potential sale of pre-clinical cancer pipeline
Oct 18Editas Medicine started at neutral at BofA due to competition in gene editing programs
Sep 29We're Hopeful That Editas Medicine (NASDAQ:EDIT) Will Use Its Cash Wisely
Sep 13Editas: End Of Year Data Readouts For SCD And Rare Eye Disease Studies
Aug 23Editas Medicine Q2 2022 Earnings Preview
Aug 02Baisong Mei joins Editas Medicine as Chief Medical Officer
Jul 18Is Editas Medicine (NASDAQ:EDIT) In A Good Position To Deliver On Growth Plans?
Jun 12Editas: Tackling Rare Eye Disease With Use Of Crispr Technology
Jun 06Editas: The Unforeseen Detrimental Effect Of Patent Win
Mar 25Editas: CRISPR Gene Editing Biotech With Promising Future
Mar 15Revenue & Expenses Breakdown
How Editas Medicine makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 62 | -211 | 70 | 0 |
| 30 Jun 24 | 67 | -193 | 67 | 35 |
| 31 Mar 24 | 69 | -166 | 66 | 0 |
| 31 Dec 23 | 78 | -153 | 70 | 0 |
| 30 Sep 23 | 25 | -195 | 73 | 0 |
| 30 Jun 23 | 19 | -206 | 74 | 63 |
| 31 Mar 23 | 23 | -219 | 74 | 0 |
| 31 Dec 22 | 20 | -220 | 71 | 0 |
| 30 Sep 22 | 26 | -201 | 69 | 0 |
| 30 Jun 22 | 32 | -184 | 69 | 0 |
| 31 Mar 22 | 26 | -186 | 74 | 0 |
| 31 Dec 21 | 26 | -193 | 76 | 0 |
| 30 Sep 21 | 24 | -214 | 75 | 0 |
| 30 Jun 21 | 81 | -167 | 79 | 0 |
| 31 Mar 21 | 92 | -135 | 71 | 0 |
| 31 Dec 20 | 91 | -116 | 68 | 0 |
| 30 Sep 20 | 92 | -91 | 69 | 0 |
| 30 Jun 20 | 33 | -132 | 65 | 0 |
| 31 Mar 20 | 24 | -142 | 65 | 0 |
| 31 Dec 19 | 21 | -134 | 65 | 0 |
| 30 Sep 19 | 14 | -121 | 61 | 0 |
| 30 Jun 19 | 25 | -103 | 58 | 0 |
| 31 Mar 19 | 30 | -108 | 58 | 0 |
| 31 Dec 18 | 32 | -110 | 55 | 0 |
| 30 Sep 18 | 29 | -121 | 56 | 0 |
| 30 Jun 18 | 21 | -132 | 55 | 0 |
| 31 Mar 18 | 17 | -120 | 52 | 0 |
| 31 Dec 17 | 14 | -120 | 51 | 0 |
| 30 Sep 17 | 11 | -124 | 50 | 0 |
| 30 Jun 17 | 6 | -118 | 49 | 0 |
| 31 Mar 17 | 6 | -111 | 49 | 0 |
| 31 Dec 16 | 6 | -97 | 46 | 0 |
| 30 Sep 16 | 6 | -71 | 41 | 0 |
| 30 Jun 16 | 6 | -57 | 33 | 0 |
| 31 Mar 16 | 2 | -86 | 25 | 0 |
| 31 Dec 15 | 2 | -73 | 18 | 0 |
| 30 Sep 15 | 1 | -66 | 14 | 0 |
| 30 Jun 15 | 0 | -62 | 11 | 0 |
| 31 Mar 15 | 0 | -17 | 9 | 0 |
| 31 Dec 14 | 0 | -14 | 8 | 0 |
Quality Earnings: EDIT is currently unprofitable.
Growing Profit Margin: EDIT is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: EDIT is unprofitable, and losses have increased over the past 5 years at a rate of 10.1% per year.
Accelerating Growth: Unable to compare EDIT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: EDIT is unprofitable, making it difficult to compare its past year earnings growth to the Biotechs industry (16.6%).
Return on Equity
High ROE: EDIT has a negative Return on Equity (-119.89%), as it is currently unprofitable.