CureVac NV reports results for the quarter ended March 31 - Earnings Summary

Reuters
22 May
CureVac NV reports results for the quarter ended March 31 - Earnings Summary
  • CureVac NV CVAC.OQ reported a quarterly adjusted loss of 23 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -31 cents. The mean expectation of two analysts for the quarter was for a loss of 19 cents per share. Wall Street expected results to range from -24 cents to -14 cents per share.

  • Revenue fell 92.8% to €893.00 thousand from a year ago; analysts expected €6.68 million.

  • CureVac NV's reported EPS for the quarter was a loss of 23 cents​.

  • The company reported a quarterly loss of €51.66 million.

  • CureVac NV shares had risen by 54.5% this quarter and gained 25.5% so far this year.

FORECAST CHANGES

  • In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 2 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the biotechnology & medical research peer group is also "buy"

  • Wall Street's median 12-month price target for CureVac NV is $6.75

This summary was machine generated from LSEG data May 21 at 04:13 p.m. UTC. ​All figures in euros unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Mar. 31 2025

-0.19

-0.23

Missed

Dec. 31 2024

-0.21

-0.14

Beat

Sep. 30 2024

0.56

1.50

Beat

Jun. 30 2024

-0.26

-0.32

Missed

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