Adial Pharmaceuticals Inc reports results for the quarter ended June 30 - Earnings Summary
Adial Pharmaceuticals Inc reports results for the quarter ended June 30 - Earnings Summary
Adial Pharmaceuticals Inc ADIL.OQ reported a quarterly adjusted loss of $11.25 per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $-4.50. The mean expectation of four analysts for the quarter was for a loss of $1.03 per share. Wall Street expected results to range from $-1.40 to -73 cents per share.
Reported revenue was zero; analysts expected zero.
Adial Pharmaceuticals Inc's reported EPS for the quarter was a loss of $11.25.
The company reported a quarterly loss of $51.99 million.
Adial Pharmaceuticals Inc shares had risen by 71.5% this quarter and lost 20.2% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 3.1% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the biotechnology & medical research peer group is also "buy"
Wall Street's median 12-month price target for Adial Pharmaceuticals Inc is $8.00, about 45.1% above its last closing price of $4.39
This summary was machine generated from LSEG data August 14 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 |
Jun. 30 2026 | -1.03 | -11.25 | Missed |
Mar. 31 2026 | -2.73 | -1.48 | Beat |
Dec. 31 2025 | -2.15 | -3.07 | Missed |
Sep. 30 2025 | -3.50 | -2.00 | Beat |
Recent news on Adial Pharmaceuticals
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