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

Beyond Air

10/08/2023 23:31

* Beyond Air Inc  XAIR.OQ  reported a quarterly adjusted
loss
of 45 cents​​ per share for the quarter ended in June. The mean
expectation of six analysts for the quarter was for a loss of 47
cents per share.
    * Revenue was $59.00 thousand​; analysts expected $340.33
thousand. 
    * Beyond Air Inc's reported EPS for the quarter was a loss
of 45
cents​.
    * The mean earnings estimate of analysts had fallen by
about 19.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Beyond Air Inc shares had fallen by 14.2% this quarter and
lost 43.7% so far this year.
    * The company reported a quarterly loss of $14.1 million.
    * Wall Street's median 12-month price target for Beyond Air
Inc is
$14.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 10 at 10:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.47          -0.45          Beat
 Mar. 31 2023      -0.47          -0.67          Missed
 Dec. 31 2022      -0.41          -0.43          Missed
 Sep. 30 2022      -0.37          -0.40          Missed