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Pacific Biosciences of California (PACB) Reports Q2 Loss, Beats Revenue Estimates
ZACKS· 2025-08-08 00:01
Company Performance - Pacific Biosciences reported a quarterly loss of $0.13 per share, better than the Zacks Consensus Estimate of a loss of $0.18, and an improvement from a loss of $0.20 per share a year ago, resulting in an earnings surprise of +27.78% [1] - The company posted revenues of $39.77 million for the quarter ended June 2025, exceeding the Zacks Consensus Estimate by 9.06% and showing an increase from $36.01 million in the same quarter last year [2] - Over the last four quarters, Pacific Biosciences has surpassed consensus EPS estimates three times and topped consensus revenue estimates three times as well [2] Stock Performance - Pacific Biosciences shares have declined approximately 24.6% since the beginning of the year, contrasting with the S&P 500's gain of 7.9% [3] - The current consensus EPS estimate for the upcoming quarter is -$0.16 on revenues of $40.08 million, and for the current fiscal year, it is -$0.64 on revenues of $155.44 million [7] Industry Outlook - The Medical - Instruments industry, to which Pacific Biosciences belongs, is currently ranked in the bottom 41% of over 250 Zacks industries, indicating potential challenges ahead [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact the stock's performance [5]
Pacific Biosciences of California (PACB) Beats Stock Market Upswing: What Investors Need to Know
ZACKS· 2025-07-10 23:16
Company Performance - Pacific Biosciences of California (PACB) closed at $1.50, with a daily increase of +1.35%, outperforming the S&P 500's gain of 0.28% [1] - The stock has increased by 27.59% over the past month, leading the Medical sector's gain of 0.24% and the S&P 500's gain of 4.37% [1] Earnings Expectations - Analysts expect Pacific Biosciences to report earnings of -$0.18 per share, reflecting a year-over-year growth of 10% [2] - The revenue forecast for the upcoming quarter is $36.46 million, indicating a growth of 1.26% compared to the same quarter last year [2] Full Year Projections - For the full year, earnings are projected at -$0.64 per share and revenue at $155.12 million, showing changes of +22.89% and +0.72% respectively from the previous year [3] Analyst Sentiment - Recent adjustments to analyst estimates indicate positive sentiment towards Pacific Biosciences' business operations and profit generation capabilities [4] - The Zacks Rank system, which assesses stock performance based on estimate changes, currently ranks Pacific Biosciences as 1 (Strong Buy) [6] Industry Context - The Medical - Instruments industry, which includes Pacific Biosciences, has a Zacks Industry Rank of 173, placing it in the bottom 30% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]
Pacific Biosciences of California (PACB) Stock Falls Amid Market Uptick: What Investors Need to Know
ZACKS· 2025-04-29 23:20
Company Performance - Pacific Biosciences of California (PACB) closed at $1.11, reflecting a -1.77% change from the previous day, underperforming the S&P 500's gain of 0.58% [1] - Over the past month, PACB shares have decreased by 4.24%, compared to a 5.22% loss in the Medical sector and a 0.84% loss in the S&P 500 [1] Upcoming Earnings - The company is expected to report an EPS of -$0.19, which represents a 26.92% increase from the same quarter last year [2] - The Zacks Consensus Estimate for revenue is projected at $35 million, indicating a decline of 9.82% from the previous year [2] Fiscal Year Estimates - For the entire fiscal year, the Zacks Consensus Estimates predict an EPS of -$0.71 and revenue of $158.74 million, reflecting changes of +14.46% and +3.07% respectively from the prior year [3] Analyst Estimates - Recent changes in analyst estimates for Pacific Biosciences are important as they reflect short-term business trends, with positive revisions indicating analyst optimism about the company's profitability [4] - The Zacks Consensus EPS estimate has decreased by 0.95% in the past month, and the company currently holds a Zacks Rank of 3 (Hold) [6] Industry Context - The Medical - Instruments industry, which includes Pacific Biosciences, has a Zacks Industry Rank of 54, placing it in the top 22% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]
Pacific Biosciences of California (PACB) Flat As Market Gains: What You Should Know
ZACKS· 2025-04-23 23:21
Company Overview - Pacific Biosciences of California (PACB) closed at $1.17, unchanged from the previous trading session, underperforming the S&P 500's daily gain of 1.67% [1] - The stock has decreased by 10.69% over the past month, compared to the Medical sector's loss of 9.34% and the S&P 500's loss of 6.57% [1] Financial Performance Expectations - The company is expected to report an EPS of -$0.19, which represents a 26.92% improvement from the prior-year quarter [2] - Revenue is anticipated to be $35 million, reflecting a decline of 9.82% from the prior-year quarter [2] - For the entire fiscal year, earnings are projected at -$0.71 per share and revenue at $158.74 million, indicating increases of 14.46% and 3.07% respectively from the previous year [3] Analyst Estimates and Market Sentiment - Recent changes to analyst estimates suggest a shifting business landscape, with positive revisions indicating a favorable outlook on the company's health and profitability [4] - The Zacks Rank system, which evaluates estimate changes, currently ranks Pacific Biosciences at 3 (Hold), with a recent 0.95% decrease in the consensus EPS estimate [6] Industry Context - The Medical - Instruments industry, which includes Pacific Biosciences, holds a Zacks Industry Rank of 86, placing it in the top 35% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]