Tempus AI Inc reports results for the quarter ended March 31 - Earnings Summary

• Tempus AI Inc TEM.OQ reported a quarterly adjusted loss of 24 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $-1.47. The mean expectation of twelve analysts for the quarter was for a loss of 27 cents per share. Wall Street expected results to range from -38 cents to -20 cents per share.

• Revenue rose 75.4% to $255.74 million from a year ago; analysts expected $248.13 million.

• Tempus AI Inc's reported EPS for the quarter was a loss of 40 cents​.

• The company reported a quarterly loss of $68.04 million.

• Tempus AI Inc shares had risen by 12.1% this quarter and gained 60.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 4.8% 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 "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 6 "hold" and no "sell" or "strong sell." The average consensus recommendation for the biotechnology & medical research peer group is also "buy"

• Wall Street's median 12-month price target for Tempus AI Inc is $62.00

This summary was machine generated from LSEG data May 6 at 09:01 p.m. UTC. ​All figures in US dollars 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)