XOMA Royalty Corp reports results for the quarter ended June 30 - Earnings Summary

• XOMA Royalty Corp XOMA.OQ reported quarterly adjusted earnings of 44 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 84 cents. The mean expectation of four analysts for the quarter was for a loss of 22 cents per share. Wall Street expected results to range from -36 cents to -7 cents per share.

• Revenue rose 18.4% to $13.13 million from a year ago; analysts expected $9.70 million.

• XOMA Royalty Corp's reported EPS for the quarter was 44 cents​.

• The company reported quarterly net income of $5.52 million.

• XOMA Royalty Corp shares had risen by 12.9% this quarter and gained 8.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 7.3% 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, about 48.3% above its last closing price of $28.46

This summary was machine generated from LSEG data August 13 at 12:18 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)