
Myriad Genetics Inc reports results for the quarter ended March 31 - Earnings Summary

Myriad Genetics Inc reported a quarterly adjusted loss of 3 cents per share for the quarter ended March 31, an improvement from a loss of 1 cent per share in the same quarter last year. Revenue decreased by 3.1% to $195.90 million, below analyst expectations of $200.56 million. The company reported a quarterly loss of $100 thousand and its shares fell by 13.2% this quarter. Analysts maintain a "hold" rating on the stock, with a median 12-month price target of $14.00.
Myriad Genetics Inc (MYGN.OQ) reported a quarterly adjusted loss of 3 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -1 cents. The mean expectation of seventeen analysts for the quarter was for a loss of 6 cents per share. Wall Street expected results to range from -8 cents to -3 cents per share.
Revenue fell 3.1% to $195.90 million from a year ago; analysts expected $200.56 million.
Myriad Genetics Inc’s reported EPS for the quarter was breakeven results.
The company reported a quarterly loss of $100 thousand.
Myriad Genetics Inc shares had fallen by 13.2% this quarter and lost 43.8% so far this year. FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 340.1% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate RECOMMENDATIONS
The current average analyst rating on the shares is “hold” and the breakdown of recommendations is 7 “strong buy” or “buy,” 6 “hold” and 4 “sell” or “strong sell.” The average consensus recommendation for the medical equipment, supplies & distribution peer group is also “hold”
Wall Street’s median 12-month price target for Myriad Genetics Inc is $14.00 This summary was machine generated from LSEG data May 6 at 09:46 p.m. UTC. All figures in US dollars 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 -0.06 -0.03 Beat
Dec. 31 2024 0.03 0.03 Met
Sep. 30 2024 0.02 0.06 Beat
Jun. 30 2024 -0.01 0.05 Beat
