Cerus Corp reports results for the quarter ended in June - Earnings Summary

Cerus

02/08/2023 22:02

* Cerus Corp  CERS.OQ  reported a quarterly adjusted loss
of 6
cents​​ per share for the quarter ended in June. The mean
expectation of five analysts for the quarter was for a loss of 6
cents per share.
    * Revenue fell 5.2% to $38.85 million from a year ago;
analysts
expected $41.79 million. 
    * Cerus Corp's reported EPS for the quarter was a loss of 7
cents​.
    * The mean earnings estimate of analysts had risen by
about 2.6%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Cerus Corp shares had risen by 20.7% this quarter and
lost 18.6%
so far this year.
    * The company reported a quarterly loss of $13.28 million.
    * Wall Street's median 12-month price target for Cerus Corp
is
$8.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 2 at 09:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.06          -0.06          Met
 Mar. 31 2023      -0.07          -0.09          Missed
 Dec. 31 2022      -0.05          -0.08          Missed
 Sep. 30 2022      -0.06          -0.05          Beat