2seventy bio: Q3 Earnings Insights

2seventy bio TSVT reported its Q3 earnings results on Tuesday, November 14, 2023 at 07:00 AM.

Here's what investors need to know about the announcement.

2seventy bio missed estimated earnings by 3.09%, reporting an EPS of $-1.0 versus an estimate of $-0.97.

Revenue was down $1.37 million from the same period last year.

Last quarter the company beat on EPS by $0.32 which was followed by a 4.98% increase in the share price the next day.

Here's a look at 2seventy bio's past performance:

Quarter	Q2 2023	Q1 2023	Q4 2022	Q3 2022
EPS Estimate	-1.15	-1.22	-1.61	-1.80
EPS Actual	-0.83	-1.08	-0.60	-1.76
Revenue Estimate	36.88M	22.30M	15.52M	12.36M
Revenue Actual	36.05M	41.62M	56.18M	13.41M

To track all earnings releases for 2seventy bio visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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