Beam Therapeutics Inc. Q1 Loss Increases, Misses Estimates

Beam Therapeutics Inc. (BEAM) reported Loss for its first quarter that increased from last year and missed the Street estimates.

The company's bottom line totaled -$109.27 million, or -$1.24 per share. This compares with -$98.67 million, or -$1.21 per share, last year.

Analysts on average had expected the company to earn -$1.17 per share. Analysts' estimates typically exclude special items.

Beam Therapeutics Inc. earnings at a glance (GAAP) :

-Earnings: -$109.27 Mln. vs. -$98.67 Mln. last year.
-EPS: -$1.24 vs. -$1.21 last year.

by RTTNews Staff Writer

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