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

Cerus

06/05/2022 24:19

* Cerus Corp  CERS.OQ  reported a quarterly adjusted loss
of 7
cents​​ per share for the quarter ended in March. The mean
expectation of five analysts for the quarter was for a loss of 9
cents per share.
    * Revenue rose 45.3% to $43.02 million from a year ago; 
analysts
expected $37.58 million. 
    * The mean earnings estimate of analysts had risen by
about 4.4%
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 fallen by 6.6% this quarter and
lost 24.7%
so far this year.
    * The company reported a quarterly loss of $12.28 million.
    * Wall Street's median 12-month price target for Cerus Corp
is
$10.00 
    * 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." 

This summary was machine generated May 5 at 11:19 p.m.  ​All
figures in US dollars unless otherwise stated