Business data for Beam Therapeutics Inc."Pfizer and Beam Partner to Develop Treatments for 3 Genetic Diseases". Close-up view of crude oil price on Yahoo Finance webpage Stock Photo. ^ "Pfizer and Beam Enter Exclusive Multi-Target Research Collaboration to Advance Novel In Vivo Base Editing Programs for a Range of Rare Diseases". Crude fuel oil tanker Ice Beam Stock Photo.GEN - Genetic Engineering and Biotechnology News. "Beam Therapeutics, Base Editing Drug Developer, Raises $180M in IPO".
"Investors are betting billions that cutting-edge cures can upend how we treat heart disease and transform pharma".
Click to get this free reportīeam Global (BEEM) : Free Stock Analysis Report
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Veoneer, Inc.'s revenues are expected to be $442 million, up 5.5% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 6% higher over the last 30 days to the current level. (BEAM) stock quote, history, news and other vital information to help you with your stock trading and investing. This company is expected to post quarterly loss of $0.57 per share in its upcoming report, which represents a year-over-year change of +38.7%. The results are expected to be released on April 28. (VNE), another stock in the same industry, has yet to report results for the quarter ended March 2022. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
In terms of the Zacks Industry Rank, Automotive - Original Equipment is currently in the bottom 12% of the 250 plus Zacks industries. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. The current consensus EPS estimate is -$0.17 on $1.8 million in revenues for the coming quarter and -$0.60 on $19.14 million in revenues for the current fiscal year. It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead.
You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. SAN DIEGO, (GLOBE NEWSWIRE) - Beam Global, (Nasdaq: BEEM, BEEMW), the leading provider of innovative sustainable products and technologies for electric vehicle (EV) charging, energy storage, energy security and outdoor media, announced the highest number of system deliveries in the first quarter of any year in the company’s history. So, the shares are expected to perform in line with the market in the near future. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.Īhead of this earnings release, the estimate revisions trend for Beam Global: mixed. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.Įmpirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. While Beam Global has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.īeam Global shares have lost about 1.6% since the beginning of the year versus the S&P 500's decline of -2.8%. The company has topped consensus revenue estimates three times over the last four quarters. This compares to year-ago revenues of $2.2 million. Beam Global, which belongs to the Zacks Automotive - Original Equipment industry, posted revenues of $3.49 million for the quarter ended December 2021, surpassing the Zacks Consensus Estimate by 19.21%.