Immatics NV reports results for the quarter ended June 30 - Earnings Summary

• Immatics NV IMTX reported a quarterly adjusted loss of 58 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of -17 cents. The mean expectation of five analysts for the quarter was for a loss of 32 cents per share. Wall Street expected results to range from -37 cents to -28 cents per share.

• Revenue fell 74.7% to €4.74 million from a year ago; analysts expected €13.81 million.

• Immatics NV's reported EPS for the quarter was a loss of 58 cents​.

• The company reported a quarterly loss of €70.35 million.

• Immatics NV shares had risen by 19.3% this quarter and lost 9.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 3.8% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 8 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• Wall Street's median 12-month price target for Immatics NV is $15.00, about 57.2% above its last closing price of $6.42

This summary was machine generated from LSEG data August 13 at 11:32 a.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)