Lexeo Therapeutics, Inc. (NASDAQ:LXEO) to Post FY2027 Earnings of ($2.58) Per Share, Leerink Partnrs Forecasts

Lexeo Therapeutics, Inc. (NASDAQ:LXEO - Free Report) - Equities researchers at Leerink Partnrs issued their FY2027 EPS estimates for Lexeo Therapeutics in a report issued on Tuesday, April 23rd. Leerink Partnrs analyst M. Foroohar forecasts that the company will earn ($2.58) per share for the year. The consensus estimate for Lexeo Therapeutics' current full-year earnings is ($3.03) per share. Leerink Partnrs also issued estimates for Lexeo Therapeutics' FY2028 earnings at $0.12 EPS.

Lexeo Therapeutics Price Performance

LXEO stock traded down $0.34 during mid-day trading on Thursday, reaching $12.16. 51,316 shares of the stock traded hands, compared to its average volume of 102,934. The company has a current ratio of 7.21, a quick ratio of 7.21 and a debt-to-equity ratio of 0.01. Lexeo Therapeutics has a 52-week low of $9.00 and a 52-week high of $22.33. The stock has a fifty day moving average of $14.43.

Lexeo Therapeutics (NASDAQ:LXEO - Get Free Report) last posted its quarterly earnings data on Monday, March 11th. The company reported ($0.86) EPS for the quarter, missing analysts' consensus estimates of ($0.71) by ($0.15).

Hedge Funds Weigh In On Lexeo Therapeutics

A number of large investors have recently made changes to their positions in LXEO. Eventide Asset Management LLC acquired a new position in shares of Lexeo Therapeutics in the 4th quarter valued at about $40,298,000. Omega Fund Management LLC acquired a new position in shares of Lexeo Therapeutics in the 4th quarter valued at about $28,955,000. Finally, Blackstone Inc. acquired a new position in shares of Lexeo Therapeutics in the 4th quarter valued at about $9,342,000. Institutional investors and hedge funds own 60.67% of the company's stock.


Lexeo Therapeutics Company Profile

(Get Free Report)

Lexeo Therapeutics, Inc operates as a clinical-stage genetic medicine company that focuses on hereditary and acquired diseases. The company develops LX2006, which is an AAVrh10-based gene therapy candidate for the treatment of Friedreich's ataxia (FA) cardiomyopathy; LX2020, an AAVrh10-based gene therapy candidate for the treatment of arrhythmogenic cardiomyopathy; LX2021, a gene therapy candidate for the treatment of DSP cardiomyopathy associated with it; and LX2022, a gene therapy candidate for the treatment of HCM caused by TNNI3 mutations.

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