Affimed NV (AFMD) Q2 2024 Earnings Report Preview: What To Look For

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Affimed NV (AFMD, Financial) is set to release its Q2 2024 earnings on Sep 5, 2024. The consensus estimate for Q2 2024 revenue is $1.52 million, and the earnings are expected to come in at -$1.06 per share. The full year 2024's revenue is expected to be $5.49 million and the earnings are expected to be -$3.87 per share. More detailed estimate data can be found on the Estimates page.

Affimed NV (AFMD, Financial) Estimates Trends

Over the past 90 days, revenue estimates for Affimed NV (AFMD) for the full year 2024 have increased from $5.11 million to $5.49 million, and for 2025, estimates have risen from $5.6 million to $7.46 million. Earnings estimates for the full year 2024 have improved from -$5.12 per share to -$3.87 per share, and for 2025, from -$4.11 per share to -$3.06 per share.

Affimed NV (AFMD, Financial) Reported History

In the previous quarter of 2024-03-31, Affimed NV's (AFMD) actual revenue was $0.17 million, which missed analysts' revenue expectations of $1.382 million by -87.63%. Affimed NV's (AFMD) actual earnings were -$1.4 per share, which beat analysts' earnings expectations of -$1.738 per share by 19.22%. After releasing the results, Affimed NV (AFMD) was up by 5.05% in one day.

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Affimed NV (AFMD, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 7 analysts, the average target price for Affimed NV (AFMD) is $24.14 with a high estimate of $59.64 and a low estimate of $4.97. The average target implies an upside of 513.66% from the current price of $3.93.

Based on GuruFocus estimates, the estimated GF Value for Affimed NV (AFMD, Financial) in one year is $1.86, suggesting a downside of -52.72% from the current price of $3.93.

Based on the consensus recommendation from 8 brokerage firms, Affimed NV's (AFMD, Financial) average brokerage recommendation is currently 1.9, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

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This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.