Cerus Corp expected to post a loss of 6 cents a share - Earnings Preview

Cerus

01/08/2023 01:18

* Cerus Corp  CERS.OQ   CERS.O  is expected to show a rise
in
quarterly revenue when it reports  results on August 2. 
    * The Concord California-based  company is expected to
report  a
1.9% increase in revenue to $41.785 million from $41 million a
year ago, according to the mean estimate from 4 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Cerus Corp is for a
loss
of 6 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
$8​, above​ its last closing price of $3.07. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.07       -0.07      -0.09     Missed  -20
 Dec. 31 2023  -0.06       -0.05      -0.08     Missed  -68.4
 Sep. 30 2022  -0.05       -0.06      -0.05     Beat    10.7​
 Jun. 30 2022  -0.07       -0.07      -0.05     Beat    26.5
 ​​Mar.        -0.08       -0.09      -0.07     Beat    18.6
 31 2022                                                
 Dec. 31 2021  -0.08       -0.08      -0.05     Beat    35.9​
 Sep. 30 2021  -0.10       -0.09      -0.07     Beat    26.3
 Jun. 30 2021  -0.10       -0.09      -0.09     Met     5.3
 This summary was machine generated August 1 at 00:18 GMT.  All
figures in US dollars  unless otherwise stated