Stock Analysis
- United States
- /
- Biotech
- /
- NasdaqGS:TSVT
2seventy bio Full Year 2022 Earnings: Beats Expectations
2seventy bio (NASDAQ:TSVT) Full Year 2022 Results
Key Financial Results
- Revenue: US$91.5m (up 68% from FY 2021).
- Net loss: US$254.2m (loss narrowed by 13% from FY 2021).
- US$7.13 loss per share (improved from US$12.44 loss in FY 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
2seventy bio Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 84%. Earnings per share (EPS) also surpassed analyst estimates by 14%.
Looking ahead, revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Biotechs industry in the US.
Performance of the American Biotechs industry.
The company's shares are down 1.8% from a week ago.
Risk Analysis
You should learn about the 5 warning signs we've spotted with 2seventy bio (including 2 which are a bit concerning).
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Find out whether 2seventy bio is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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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.