Ardelyx Inc expected to post a loss of 10 cents a share - Earnings Preview

Ardelyx

02/05/2023 03:07

* Ardelyx Inc  ARDX.OQ   ARDX.O  is expected to show a rise
in
quarterly revenue when it reports  results on May 3. 
    * The Fremont California-based  company is expected to
report  a
2,164.3% increase in revenue to $10.597 million from $468
thousand a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Ardelyx Inc is for
a loss
of 10 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Ardelyx Inc
is
$7​, above​ its last closing price of $4.65. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.06        0.00       0.06      Beat    6,100
 Sep. 30 2022  -0.17       -0.17      -0.14     Beat    16.9
 Jun. 30 2022  -0.19       -0.19      -0.19     Met     1.3​
 Mar. 31 2022  -0.22       -0.22      -0.21     Beat    5
 ​​Dec.        -0.32       -0.30      -0.31     Missed  -2
 31 2021                                                
 Sep. 30 2021  -0.36       -0.35      -0.42     Missed  -20.5​
 Jun. 30 2021  -0.37       -0.37      -0.45     Missed  -23.1
 Mar. 31 2021  -0.33       -0.33      -0.34     Missed  -3.1
 This summary was machine generated May 2 at 02:07 GMT.  All
figures in US dollars  unless otherwise stated