Astria Therapeutics Inc reports results for the quarter ended in January - Earnings Summary

Astria Therapeutics

13/08/2024 05:31

* Astria Therapeutics Inc  ATXS.OQ  reported a quarterly
adjusted
loss of 43 cents​​ per share for the quarter ended in January,
higher than the same quarter last year, when the company
reported EPS of -45 cents.  The mean expectation of six analysts
for the quarter was for a loss of 38 cents per share. Wall
Street expected results to range from -42 cents to -35 cents per
share.
    * Reported revenue was zero​; analysts expected zero. 
    * Astria Therapeutics Inc's reported EPS for the quarter was
a
loss of 43 cents​.
    * The company reported a quarterly loss of $24.17 million.
    * Astria Therapeutics Inc shares had risen by 4.0% this
quarter and gained 23.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen 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.

RECOMMENDATIONS
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 8 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the biotechnology
&
medical research peer group is  "buy."

Wall Street's median 12-month price target for Astria
Therapeutics Inc is $25.50 
This summary was machine generated from LSEG data August 13 at
04:31 a.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 2024      -0.38          -0.43          Missed
 Mar. 31 2024      -0.36          -0.38          Missed
 Dec. 31 2023      -0.78          -0.94          Missed
 Sep. 30 2023      -0.49          -0.63          Missed