Q3 2024 Earnings Forecast for Revelation Biosciences, Inc. (NASDAQ:REVB) Issued By Roth Capital

Revelation Biosciences, Inc. (NASDAQ:REVB) – Roth Capital lifted their Q3 2024 earnings estimates for Revelation Biosciences in a report issued on Tuesday, September 24th. Roth Capital analyst J. Aschoff now anticipates that the company will post earnings per share of ($0.95) for the quarter, up from their prior forecast of ($1.59). The consensus estimate for Revelation Biosciences’ current full-year earnings is ($12.46) per share. Roth Capital also issued estimates for Revelation Biosciences’ Q4 2024 earnings at ($0.59) EPS, FY2024 earnings at ($6.44) EPS, FY2025 earnings at ($3.95) EPS, FY2026 earnings at ($4.10) EPS, FY2027 earnings at ($2.48) EPS and FY2028 earnings at $2.30 EPS.

Revelation Biosciences Trading Up 5.8 %

Shares of Revelation Biosciences stock opened at $0.89 on Friday. The business’s fifty day simple moving average is $1.11 and its 200 day simple moving average is $1.79. Revelation Biosciences has a 12 month low of $0.70 and a 12 month high of $25.26. The firm has a market capitalization of $1.45 million, a P/E ratio of -0.03 and a beta of 0.19.

Revelation Biosciences (NASDAQ:REVB) last announced its earnings results on Friday, August 9th. The company reported ($1.54) earnings per share for the quarter, topping analysts’ consensus estimates of ($1.81) by $0.27.

Revelation Biosciences Company Profile

Revelation Biosciences, Inc, a clinical-stage biopharmaceutical company, focuses on the development and commercialization of immune system therapeutics and diagnostics. It engages in developing therapeutic product candidates, including GEM-SSI, a potential therapy for the prevention and treatment of surgical sit infection; GEM-AKI, a potential therapy for the prevention and treatment of acute kidney injury; and GEM-CKD, a potential therapy for the prevention and treatment of chronic kidney disease.