Achieve Life Sciences Inc reports results for the quarter ended in December - Earnings Summary

Achieve Life Sciences

28/03/2024 21:02

* Achieve Life Sciences Inc  ACHV.OQ  reported a quarterly
adjusted loss of 26 cents​​ per share for the quarter ended in
December, higher than the same quarter last year, when the
company reported EPS of -83 cents.  The mean expectation of
seven analysts for the quarter was for a loss of 31 cents per
share. Wall Street expected results to range from -35 cents
to -28 cents per share.
    * Reported revenue was zero​; analysts expected zero. 
    * Achieve Life Sciences Inc's reported EPS for the quarter
was a
loss of 26 cents​.
    * The company reported a quarterly loss of $5.48 million.
    * Achieve Life Sciences Inc shares had risen by 9.7% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.8%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Achieve
Life
Sciences Inc is $18.00 

This summary was machine generated from LSEG data March 28 at
09:02 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      -0.31          -0.26          Beat
 Sep. 30 2023      -0.38          -0.34          Beat
 Jun. 30 2023      -0.42          -0.43          Missed
 Mar. 31 2023      -0.69          -0.50          Beat