Earnings Preview: Regenxbio - Regenxbio (NASDAQ:RGNX)

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Regenxbio RGNX is set to give its latest quarterly earnings report on Wednesday, 2023-08-02. Here's what investors need to know before the announcement. Analysts estimate that Regenxbio will report an earnings per share (EPS) of $-1.26. Regenxbio bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter. New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast). Historical Earnings Performance Last quarter the company beat EPS by $0.01, which was followed by a 1.58% drop in the share price the next day. Here's a look at Regenxbio's past performance and the resulting price change: Quarter Q1 2023 Q4 2022 Q3 2022 Q2 2022 EPS Estimate -1.54 -1.23 -1.46 -1.53 EPS Actual -1.53 -1.38 -1.75 -1.58 Price Change % -1.58% 8.49% -1.52% 2.21% Stock Performance Shares of Regenxbio were trading at $19.0 as of July 31. Over the last 52-week period, shares are down 44.22%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release. To track all earnings releases for Regenxbio visit their earnings calendar on our site. This article was generated by Benzinga's automated content engine and reviewed by an editor.