Yahoo Finance CureVac Full Year 2023 Earnings: Misses Expectations
CureVac (NASDAQ:CVAC) Full Year 2023 Results
Key Financial Results
Revenue: €53.8m (down 20% from FY 2022).
Net loss: €260.2m (loss widened by 4.5% from FY 2022).
€1.18 loss per share.
All figures shown in the chart above are for the trailing 12 month (TTM) period
CureVac Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 19%. Earnings per share (EPS) also missed analyst estimates by 25%.
Looking ahead, revenue is forecast to grow 37% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Biotechs industry in the US.
Performance of the American Biotechs industry.
The company's shares are down 4.5% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 1 warning sign for CureVac that you should be aware of.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.