Cerus Corp expected to post a loss of 7 cents a share - Earnings Preview

Cerus

03/05/2023 03:03

* Cerus Corp  CERS.OQ   CERS.O  is expected to show a fall
in
quarterly revenue when it reports  results on May 4. 
    * The Concord California-based  company is expected to
report  a
7.0% decrease in revenue to $34.833 million from $37.44 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Cerus Corp is for a
loss
of 7 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 $2.16. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2022  -0.07       -0.07      -0.05     Beat    26.5​
 Mar. 31 2022  -0.08       -0.09      -0.07     Beat    18.6
 ​​Dec.        -0.08       -0.08      -0.05     Beat    35.9
 31 2021                                                
 Sep. 30 2021  -0.10       -0.09      -0.07     Beat    26.3​
 Jun. 30 2021  -0.10       -0.09      -0.09     Met     5.3
 Mar. 31 2021  -0.10       -0.09      -0.10     Missed  -8.7
 This summary was machine generated May 3 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated