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FBRX

Forte Biosciences Inc

$0.74

Earnings Summary

Revenue
$0Mn
Net Profits
$-5.87Mn
Net Profit Margins
-Inf%

Highlights

Revenue:

Forte Biosciences Inc’s revenue jumped NaN% since last year same period to $0Mn in the Q4 2023. On a quarterly growth basis, Forte Biosciences Inc has generated NaN% jump in its revenue since last 3-months.

Net Profits:

Forte Biosciences Inc’s net profit fell -20.25% since last year same period to $-5.87Mn in the Q4 2023. On a quarterly growth basis, Forte Biosciences Inc has generated 41.01% jump in its net profits since last 3-months.

Net Profit Margins:

Forte Biosciences Inc’s net profit margin jumped NaN% since last year same period to -Inf% in the Q4 2023. On a quarterly growth basis, Forte Biosciences Inc has generated NaN% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Forte Biosciences Inc post its latest quarter earnings

EPS Estimate Current Quarter
-0.16
EPS Estimate Current Year
-0.16

Highlights

EPS Estimate Current Quarter:

Forte Biosciences Inc’s earning per share (EPS) estimates for the current quarter stand at -0.16 - a 42.86% jump from last quarter’s estimates.

EPS Estimate Current Year:

Forte Biosciences Inc’s earning per share (EPS) estimates for the current year stand at -0.16.

Key Ratios

Key ratios of the Forte Biosciences Inc post its Q4 2023 earnings

Earning Per Share (EPS)
-0.19
Return on Assets (ROA)
-0.5
Return on Equity (ROE)
-0.85

Highlights

Earning Per Share (EPS):

Forte Biosciences Inc’s earning per share (EPS) jumped 17.39% since last year same period to -0.19 in the Q4 2023. This indicates that the Forte Biosciences Inc has generated 17.39% 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. Forte Biosciences Inc’s return on assets (ROA) stands at -0.5.

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. Forte Biosciences Inc’s return on equity (ROE) stands at -0.85.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-03-18
-0.28
-0.19
32.14%
2023-11-13
-0.57
-0.26
54.39%