Earnings Summary

Adverum Biotechnologies Inc’s net profit jumped 28% since last year same period to $-31.51Mn in the Q2 2023. On a quarterly growth basis, Adverum Biotechnologies Inc has generated -8.45% fall in its net profits since last 3-months.

Adverum Biotechnologies Inc’s earning per share (EPS) estimates for the current quarter stand at -0.36 - a -5.88% fall from last quarter’s estimates.

Adverum Biotechnologies Inc’s earning per share (EPS) estimates for the current year stand at -0.36.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Adverum Biotechnologies Inc’s return on assets (ROA) stands at -0.27.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Adverum Biotechnologies Inc’s return on equity (ROE) stands at -0.71.