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

Beyond Air

22/06/2023 22:02

* Beyond Air Inc  XAIR.OQ  reported a quarterly adjusted
loss
of 67 cents​​ per share for the quarter ended in March. The mean
expectation of six analysts for the quarter was for a loss of 47
cents per share.
    * Reported revenue was zero​; analysts expected $721.33
thousand. 
    * Beyond Air Inc's reported EPS for the quarter was a loss
of 67
cents​.
    * The mean earnings estimate of analysts had fallen by
about 2.7%
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 11.3% this quarter and
lost 7.7% so far this year.
    * The company reported a quarterly loss of $20.17 million.
    * Wall Street's median 12-month price target for Beyond Air
Inc is
$17.00 
    * The current average analyst rating on the shares is
"strong 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 June
22 at 09:02 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.47          -0.67          Missed
 Dec. 31 2022      -0.41          -0.43          Missed
 Sep. 30 2022      -0.37          -0.40          Missed
 Jun. 30 2022      -0.47          -0.37          Beat