In December 2017, Curis Inc (NASDAQ:CRIS) released its most recent earnings announcement, which showed that losses became smaller relative to the prrior year’s level as a result of recent tailwinds Below, I’ve laid out key numbers on how market analysts predict Curis’s earnings growth trajectory over the next couple of years and whether the future looks brighter. I will be using net income excluding extraordinary items in order to exclude one-off volatility which I am not interested in. See our latest analysis for Curis
Market analysts’ consensus outlook for this coming year seems relatively muted, with earnings continuing to flop around in the negative territory, reaching -US$58.59M in 2019. Additionally, earnings are expected to fall further and remain flat over the next few years, generating -US$71.45M in 2021.
Although it’s useful to understand the growth year by year relative to today’s figure, it may be more valuable analyzing the rate at which the company is rising or falling on average every year. The pro of this approach is that we can get a better picture of the direction of Curis’s earnings trajectory over the long run, irrespective of near term fluctuations, fluctuate up and down. To compute this rate, I’ve inserted a line of best fit through analyst consensus of forecasted earnings. The slope of this line is the rate of earnings growth, which in this case is -2.06%. This means that, we can anticipate Curis will chip away at a rate of -2.06% every year for the next few years.
For Curis, I’ve compiled three pertinent aspects you should further research:
- Financial Health: Does it have a healthy balance sheet? Take a look at our free balance sheet analysis with six simple checks on key factors like leverage and risk.
- Future Earnings: How does CRIS’s growth rate compare to its peers and the wider market? Dig deeper into the analyst consensus number for the upcoming years by interacting with our free analyst growth expectation chart.
- Other High-Growth Alternatives: Are there other high-growth stocks you could be holding instead of CRIS? Explore our interactive list of stocks with large growth potential to get an idea of what else is out there you may be missing!
To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned.