Cerus Corp expected to post a loss of 5 cents a share - Earnings Preview

Cerus

01/11/2023 02:05

* Cerus Corp  CERS.OQ   CERS.O  is expected to show a rise
in
quarterly revenue when it reports  results 
    * The Concord California-based  company is expected to
report  a
7.4% increase in revenue to $42.504 million from $39.57 million
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data. 
    * ​Refinitiv's mean analyst estimate for Cerus Corp is for a
loss
of 5 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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
$5.5​, above​ its last closing price of $1.40. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  -0.06       -0.06      -0.06     Met     -7.1
 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
 ​​Jun.        -0.07       -0.07      -0.05     Beat    26.5
 30 2022                                                
 Mar. 31 2022  -0.08       -0.09      -0.07     Beat    18.6​
 Dec. 31 2021  -0.08       -0.08      -0.05     Beat    35.9
 Sep. 30 2021  -0.10       -0.09      -0.07     Beat    26.3
 This summary was machine generated November 1 at 02:04 GMT.  All
figures in US dollars  unless otherwise stated