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BEAM

Beam Therapeutics Inc

$57.48

Earnings Summary

Revenue
$8.43Mn
Net Profits
$-69.21Mn
Net Profit Margins
-820.85%

Highlights

Revenue:

Beam Therapeutics Inc’s revenue jumped 140433.33% since last year same period to $8.43Mn in the Q1 2022. On a quarterly growth basis, Beam Therapeutics Inc has generated -83.49% fall in its revenue since last 3-months.

Net Profits:

Beam Therapeutics Inc’s net profit jumped 65.66% since last year same period to $-69.21Mn in the Q1 2022. On a quarterly growth basis, Beam Therapeutics Inc has generated -6.97% fall in its net profits since last 3-months.

Net Profit Margins:

Beam Therapeutics Inc’s net profit margin jumped 99.98% since last year same period to -820.85% in the Q1 2022. On a quarterly growth basis, Beam Therapeutics Inc has generated -547.84% fall in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Beam Therapeutics Inc post its latest quarter earnings

EPS Estimate Current Quarter
-1.08
EPS Estimate Current Year
-1.08

Highlights

EPS Estimate Current Quarter:

Beam Therapeutics Inc’s earning per share (EPS) estimates for the current quarter stand at -1.08 - a 18.18% jump from last quarter’s estimates.

EPS Estimate Current Year:

Beam Therapeutics Inc’s earning per share (EPS) estimates for the current year stand at -1.08.

Key Ratios

Key ratios of the Beam Therapeutics Inc post its Q1 2022 earnings

Earning Per Share (EPS)
-1.01
Return on Assets (ROA)
-0.07
Return on Equity (ROE)
-0.35
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

Beam Therapeutics Inc’s earning per share (EPS) jumped 69.85% since last year same period to -1.01 in the Q1 2022. This indicates that the Beam Therapeutics Inc has generated 69.85% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

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. Beam Therapeutics Inc’s return on assets (ROA) stands at -0.07.

Earning Per Share (EPS):

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. Beam Therapeutics Inc’s return on equity (ROE) stands at -0.35.

Dividend Per Share (DPS):

Beam Therapeutics Inc declared 0 dividend per share during the earnings announcement for Q1 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-09
-1.32
-1.01
23.48%

Company Information

Beam Therapeutics is a biotechnology company committed to establishing the leading, fully integrated platform for precision genetic medicines. To achieve this vision, Beam has assembled a platform that includes a suite of gene editing and delivery technologies and is in the process of building internal manufacturing capabilities. Beam's suite of gene editing technologies is anchored by base editing, a proprietary technology that enables precise, predictable and efficient single base changes, at targeted genomic sequences, without making double-stranded breaks in the DNA. This enables a wide range of potential therapeutic editing strategies that Beam is using to advance a diversified portfolio of base editing programs. Beam is a values-driven organization committed to its people, cutting-edge science, and a vision of providing life-long cures to patients suffering from serious diseases.

Organisation
Beam Therapeutics Inc
Employees
181
Industry
Health Technology