Precision BioSciences: Q2 Earnings Insights

Precision BioSciences: Q2 Earnings Insights

 

Precision BioSciences DTIL reported its Q2 earnings results on Monday, August 8, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

Precision BioSciences missed estimated earnings by 12.2%, reporting an EPS of $-0.46 versus an estimate of $-0.41.

Revenue was down $64.98 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.09 which was followed by a 6.29% increase in the share price the next day.

Here's a look at Precision BioSciences's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.55 -0.47 -0.59 -0.44
EPS Actual -0.46 -0.52 -0.19 0.36
Revenue Estimate 6.63M 7.75M 6.02M 13.86M
Revenue Actual 3.32M 6.34M 24.04M 68.81M

To track all earnings releases for Precision BioSciences visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarningsNews