Cerus Corp expected to post a loss of 9 cents a share - Earnings Preview

Cerus

31/07/2021 02:37

* Cerus Corp  CERS.OQ   CERS.O  is expected to show a rise in
quarterly revenue when it reports results on August 3. 
* The Concord, California-based company is expected to report 
 a 17.3% increase in revenue to $31.477 million from $26.83
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 9 cents per share. For the same quarter last year, the
company reported a loss of 9 cents per share.
* The current average analyst rating on the shares is "strong
buy" and the breakdown of recommendations is 5 "strong buy" or
"buy," no "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
$9​, about 44% above​ its last closing price of $5.04. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  -0.10       -0.09      -0.10     Missed  -8.7
 Dec. 31 2020  -0.09       -0.09      -0.09     Met     -2.3
 Sep. 30 2020  -0.10       -0.10      -0.08     Beat    23.1​
 Jun. 30 2020  -0.11       -0.11      -0.09     Beat    16.3
 Mar.          -0.10​      -0.10      -0.10     Met     2​
 31​ 2020​                                              
 Dec. 31 2019  -0.12       -0.11      -0.12     Missed  -4.3​
 Sep. 30 2019  -0.12       -0.12      -0.13     Missed  -11.4
 Jun. 30 2019  -0.12       -0.11      -0.13     Missed  -15.6
 This summary was machine generated July 31 at 01:37 GMT.  All
figures in US dollars unless otherwise stated