Biontech: Experts expect dramatic decline in quarterly figures!

Biontech: Experts expect dramatic decline in quarterly figures!

Mainz, Deutschland - Biontech is the focus on November 4, 2024, because the company will present its quarterly results for the past third annual quarter. The numbers that were recorded by September 30, 2024 promise to keep investors in suspense!

The analysts expectations are anything but rosy! According to the forecasts of 12 experts, an average loss of -1.467 EUR per share is expected. Compared to the previous year, when Biontech had a profit of $ 0.67 per share, this is a dramatic decline. It also looks bleak when it comes to sales: 10 analysts estimate that Biontech only generated EUR 538.3 million in the last quarter, which corresponds to a decline of 44.73 percent compared to the same period last year, when $ 895.3 million were still in the books.

shocking forecasts for the fiscal year!

The dark views continue for the entire fiscal year. 16 analysts expect a loss per share of -2.773 EUR, compared to EUR 4.18 in the previous year. The sales are estimated by 17 experts at EUR 2.69 billion after Biontech was able to generate $ 4.13 billion in the previous year. The question remains: How will Biontech master these challenges?

The publication of these results could strongly influence the share prices and the market participants are excited. Stay tuned to find out how Biontech asserts itself in these stormy times!