SpringWorks Therapeutics Full Year 2024 Earnings: EPS Misses Expectations

SpringWorks Therapeutics (NASDAQ:SWTX) Full Year 2024 Results

Key Financial Results

• Revenue: US$191.6m (up by US$186.1m from FY 2023).
• Net loss: US$258.1m (loss narrowed by 21% from FY 2023).
• US$3.48 loss per share (improved from US$5.15 loss in FY 2023).

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

SpringWorks Therapeutics EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 14%.

Looking ahead, revenue is forecast to grow 38% 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 up 2.3% from a week ago.

Risk Analysis

It is worth noting though that we have found 1 warning sign for SpringWorks Therapeutics that you need to take into consideration.

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