Legend BiotechCorp Earnings Estimate

LEGN Stock  USD 67.62  1.29  1.87%   
Many public companies, such as Legend BiotechCorp, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing Legend BiotechCorp's earnings estimates, investors can diagnose different trends across Legend BiotechCorp's analyst sentiment over time as well as compare current estimates against different timeframes.
Legend BiotechCorp is projected to generate -0.61 in earnings per share on the 30th of June 2023. Legend BiotechCorp earnings estimates module stress-tests analyst consensus about projected Legend BiotechCorp EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Legend BiotechCorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as various price indices. To learn how to invest in Legend Stock, please use our How to Invest in Legend BiotechCorp guide.
  
As of 10th of June 2023, Gross Profit is likely to grow to about 62.4 M, while Profit Margin is likely to drop (4.12) .

Legend BiotechCorp Earnings Estimation Breakdown

The calculation of earning per share of Legend BiotechCorp is based on the official Zacks consensus of 3 analysts regarding Legend BiotechCorp's future annual earnings. Given the historical accuracy of 79.78%, Legend BiotechCorp's future earnings per share of Legend BiotechCorp is estimated to be -0.61 with the lowest and highest values of -0.78 and -0.36, respectively. Please note that this consensus of annual earnings estimates for Legend BiotechCorp is an estimate of EPS before non-recurring items and includes employee stock options expenses
  Current EPS -3.42
-0.78
Lowest
Expected EPS -0.61
-0.36
Highest

Legend BiotechCorp Earnings Projection Consensus

Suppose the current estimates of Legend BiotechCorp's value are higher than the current market price of the Legend BiotechCorp stock. In this case, investors may conclude that Legend BiotechCorp is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Legend BiotechCorp's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyCurrent EPSEPS Estimate for 30th of June 2023
379.78%-3.42-0.61

Legend BiotechCorp Earnings per Share Projection vs Actual

Actual Earning per Share of Legend BiotechCorp refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Legend BiotechCorp predict the company's earnings will be in the future. The higher the earnings per share of Legend BiotechCorp, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Legend BiotechCorp Estimated Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Legend BiotechCorp, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Legend BiotechCorp should always be considered in relation to other companies to make a more educated investment decision.

About Legend BiotechCorp Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Legend BiotechCorp earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Legend BiotechCorp estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Legend BiotechCorp fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for 2023
Earning Before Interest and Taxes EBIT-434.9 M-446.4 M
Earnings per Basic Share(2.80) (3.02) 
Earnings per Diluted Share(2.80) (3.02) 
Price to Earnings Ratio(17.83) (19.24) 
Earnings Before Interest Taxes and Depreciation Amortization EBITDA-416.5 M-427.5 M
Earnings before Tax-445.7 M-457.5 M

Legend BiotechCorp Investors Sentiment

The influence of Legend BiotechCorp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Legend. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Legend BiotechCorp's public news can be used to forecast risks associated with an investment in Legend. The trend in average sentiment can be used to explain how an investor holding Legend can time the market purely based on public headlines and social activities around Legend BiotechCorp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Legend BiotechCorp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Legend BiotechCorp's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Legend BiotechCorp's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Legend BiotechCorp.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Legend BiotechCorp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Legend BiotechCorp's short interest history, or implied volatility extrapolated from Legend BiotechCorp options trading.

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Legend BiotechCorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as various price indices. To learn how to invest in Legend Stock, please use our How to Invest in Legend BiotechCorp guide. Note that the Legend BiotechCorp information on this page should be used as a complementary analysis to other Legend BiotechCorp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

Complementary Tools for Legend Stock analysis

When running Legend BiotechCorp's price analysis, check to measure Legend BiotechCorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Legend BiotechCorp is operating at the current time. Most of Legend BiotechCorp's value examination focuses on studying past and present price action to predict the probability of Legend BiotechCorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Legend BiotechCorp's price. Additionally, you may evaluate how the addition of Legend BiotechCorp to your portfolios can decrease your overall portfolio volatility.
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Is Legend BiotechCorp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Legend BiotechCorp. If investors know Legend will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Legend BiotechCorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.42) 
Revenue Per Share
0.639
Quarterly Revenue Growth
(0.12) 
Return On Assets
(0.29) 
Return On Equity
(0.96) 
The market value of Legend BiotechCorp is measured differently than its book value, which is the value of Legend that is recorded on the company's balance sheet. Investors also form their own opinion of Legend BiotechCorp's value that differs from its market value or its book value, called intrinsic value, which is Legend BiotechCorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Legend BiotechCorp's market value can be influenced by many factors that don't directly affect Legend BiotechCorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Legend BiotechCorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Legend BiotechCorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Legend BiotechCorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.