Cerus Corp expected to post a loss of 3 cents a share - Earnings Preview

Cerus

29/10/2024 02:58

* Cerus Corp  CERS.OQ   CERS.O  is expected to show a rise
in
quarterly revenue when it reports  results on October 30 for the
period ending September 30 2024
    * The Concord California-based  company is expected to
report a
19.0% increase in revenue to $47.335 million from $39.77 million
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data. (SAL majority is on product revenue)
    * ​LSEG's mean analyst estimate for Cerus Corp is for a loss
of 3
cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"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 Cerus Corp
is
$4.00​, above​ its last closing price of $1.72. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  -0.04       -0.04      -0.03     Beat    25
 Mar. 31 2024  -0.05       -0.05      -0.05     Met     -7.1
 Dec. 31 2023  -0.03       -0.02      -0.01     Beat    58.3​
 Sep. 30 2023  -0.06       -0.05      -0.03     Beat    42.9
 ​​Jun.        -0.06       -0.06      -0.06     Met     -7.1
 30 2023                                                
 Mar. 31 2023  -0.07       -0.07      -0.09     Missed  -20​
 Dec. 31 2022  -0.06       -0.05      -0.08     Missed  -68.4
 Sep. 30 2022  -0.05       -0.06      -0.05     Beat    10.7
 This summary was machine generated October 29 at 02:58 GMT.  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)