BioRestorative Therapies Inc reports results for the quarter ended in December - Earnings Summary

Biorestorative Therapies

01/04/2024 22:06

* BioRestorative Therapies Inc  BRTX.OQ  reported a
quarterly
adjusted loss of 57 cents​​ per share for the quarter ended in
December, higher than the same quarter last year, when the
company reported EPS of $-1.19.  The mean expectation of
two analysts for the quarter was for a loss of 69 cents per
share. Wall Street expected results to range from -73 cents
to -65 cents per share.
    * Revenue rose 375% to $19.00 thousand from a year ago;
analysts
expected $15.00 thousand. 
    * BioRestorative Therapies Inc's reported EPS for the
quarter was
a loss of 57 cents​.
    * The company reported a quarterly loss of $2.83 million.
    * BioRestorative Therapies Inc shares had held steady so far
this
quarter and lost 20.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 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 "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the biotechnology
&
medical research peer group is also "buy"

Wall Street's median 12-month price target for BioRestorative
Therapies Inc is $12.50 
This summary was machine generated from LSEG data April 1 at
09:06 p.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
 Dec. 31 2023      -0.69          -0.57          Beat
 Sep. 30 2023      -0.68          -0.65          Beat
 Jun. 30 2023      -1.19          -0.77          Beat
 Mar. 31 2023      -1.26          -1.53          Missed