Cerus Corp reports results for the quarter ended December 31 - Earnings Summary

Cerus

20/02/2025 22:01

* Cerus Corp  CERS.OQ  reported a quarterly adjusted loss of
1
cent​​ per share for the quarter ended December 31, identical to
the same quarter last year.  The mean expectation of
six analysts for the quarter was for a loss of one cent per
share. Wall Street expected results to range from -2 cents to -1
cents per share.
    * Revenue rose 8.6% to $50.81 million from a year ago;
analysts
expected $49.64 million. 
    * Cerus Corp's reported EPS for the quarter was a loss of 1
cent​.
    * The company reported a quarterly loss of $2.52 million.
    * Cerus Corp shares had risen by 17.5% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 12.5%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * 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 average consensus recommendation for the medical
equipment,
supplies & distribution peer group is also "buy"

Wall Street's median 12-month price target for Cerus Corp is
$4.00 
This summary was machine generated from LSEG data February 20 at
10:01 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      -0.01          -0.01          Met
 Sep. 30 2024      -0.03          -0.02          Beat
 Jun. 30 2024      -0.04          -0.03          Beat
 Mar. 31 2024      -0.05          -0.05          Met