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StockNews.com
Business
Mangeet Kaur Bouns

Moderna (MRNA) Earnings Analysis: Buy or Watch for Gains?

Moderna, Inc. (MRNA), a biotechnology company that discovers, develops, and commercializes messenger RNA (mRNA) therapeutics and vaccines, is scheduled to report its fourth quarter and full year 2023 financial results and provide a corporate update on Thursday, February 22, 2024.

Analysts expect MRNA’s revenue for the quarter (ended December 2023) to decrease 54.5% year-over-year to $2.31 billion. The company is expected to report a loss per share of $0.90 for the same period, compared to an EPS of $3.61 in the previous year’s quarter. For the fiscal year 2023, its revenue is estimated to decline 68.5% year-over-year to $6.07 billion.

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