Galapagos NV reports results for the quarter ended December 31 - Earnings Summary

• Galapagos NV GLPG.AS reported quarterly adjusted earnings of 38 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of €2.39. The mean expectation of three analysts for the quarter was for a loss of 69 cents per share. Wall Street expected results to range from €-1.29 to -34 cents per share.

• Revenue fell 77.4% to €75.50 million from a year ago; analysts expected €83.94 million.

• Galapagos NV's reported EPS for the quarter was 38 cents​.

• The company reported quarterly net income of €25.31 million.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged 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 "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 7 "hold" and 3 "sell" or "strong sell."

• The average consensus recommendation for the biotechnology & medical research peer group is also "hold"

Wall Street's median 12-month price target for Galapagos NV is €29.50

This summary was machine generated from LSEG data February 12 at 10:02 p.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)