XOMA Royalty Corp reports results for the quarter ended March 31 - Earnings Summary

• XOMA Royalty Corp XOMA.OQ reported quarterly adjusted earnings of 6 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -86 cents. The mean expectation of three analysts for the quarter was for a loss of 30 cents per share. Wall Street expected results to range from -33 cents to -26 cents per share.

• Revenue rose 967.9% to $15.91 million from a year ago; analysts expected $7.07 million.

• XOMA Royalty Corp's reported EPS for the quarter was 6 cents​.

• The company reported quarterly net income of $705 thousand.

• XOMA Royalty Corp shares had risen by 24.4% this quarter and lost 5.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 3% 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 3 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the entertainment production peer group is also "buy"

• Wall Street's median 12-month price target for XOMA Royalty Corp is $55.00

This summary was machine generated from LSEG data May 13 at 01:31 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)