- Exact Sciences projects 2025 revenue between $3.03 billion and $3.09 billion, with an estimate at $3.06 billion.
- Projected Screening revenue is between $2.35 billion and $2.39 billion, estimated at $2.37 billion.
- Precision Oncology revenue is forecasted to be between $675 million and $695 million, with an estimate of $687.3 million.
- Fourth-quarter results showed a loss per share of $4.67, compared to a previous year’s loss per share of 27 cents, with an estimated loss per share of 34 cents.
- Quarterly revenue increased by 10% year-over-year to $713.4 million, surpassing the estimated $701 million.
- Screening revenue rose 14% year-over-year to $553.0 million, exceeding the estimated $541.7 million.
- Precision Oncology revenue slightly increased by 0.5% year-over-year to $161.0 million, above the estimate of $159.8 million.
- Adjusted EBITDA saw a 52% year-over-year increase to $75.4 million, beating the estimated $67.6 million.
- The company plans to launch three new cancer tests in 2025: Cologuard Plus™, Oncodetect™, and Cancerguard™.
- Exact Sciences currently has 24 buy and 2 hold recommendations, with zero sell recommendations.
Exact Sciences on Smartkarma
Analyst coverage on Smartkarma by Baptista Research delves into Exact Sciences Corporation’s recent performance in the third quarter of 2024. The report highlights a mix of achievements and challenges faced by the company, showcasing a positive financial trajectory. Exact Sciences saw a 13% year-over-year surge in total revenue to $709 million, propelled by the increasing adoption of Cologuard and the international expansion of Oncotype DX. Furthermore, a noteworthy 75% uptick in adjusted EBITDA to $99 million and a record free cash flow of $113 million underscore the company’s significant strides in enhancing operational efficiency.
A look at Exact Sciences Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 1 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 2.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Exact Sciences Corp., focused on developing a non-invasive molecular screening test for early detection and prevention of colorectal cancer, shows a promising long-term outlook based on its Smartkarma Smart Scores. With a high Growth score of 4, the company is positioned well for future expansion and development in the field of cancer screening. Additionally, a Resilience score of 3 indicates the company’s ability to withstand market challenges and maintain its performance.
However, Exact Sciences has lower scores in other areas such as Dividend and Momentum, which may pose challenges in terms of investor attractiveness and short-term performance. Despite this, the company’s overall outlook remains positive, with a Value score of 3 suggesting a fair valuation in the market. Investors may find potential in Exact Sciences for long-term growth and innovation in the fight against colorectal cancer.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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