Aravive Inc reports results for the quarter ended in June - Earnings Summary

Aravive

21/08/2023 22:59

* Aravive Inc  ARAV.OQ  reported a quarterly adjusted loss
of 12
cents​​ per share for the quarter ended in June. The mean
expectation of four analysts for the quarter was for a loss
of 29 cents per share.
    * Revenue fell 21.1% to $1.27 million from a year ago;
analysts
expected $433.33 thousand. 
    * Aravive Inc's reported EPS for the quarter was a loss
of 12
cents​.
    * The mean earnings estimate of analysts had fallen by
about 3.3%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Aravive Inc shares had fallen by 82.6% this quarter and
lost 83.4% so far this year.
    * The company reported a quarterly loss of $11.58 million.
    * Wall Street's median 12-month price target for Aravive Inc
is
$18.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 21 at 09:59 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.29          -0.12          Beat
 Mar. 31 2023      -0.32          -0.66          Missed
 Dec. 31 2022      -0.30          -0.46          Missed
 Sep. 30 2022      -0.64          -0.51          Beat