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

Cerus

04/05/2023 22:02

* Cerus Corp  CERS.OQ  reported a quarterly adjusted loss
of 9
cents​​ per share for the quarter ended in March. The mean
expectation of four analysts for the quarter was for a loss of 7
cents per share.
    * Revenue fell 17.3% to $30.97 million from a year ago;
analysts
expected $34.83 million. 
    * Cerus Corp's reported EPS for the quarter was a loss of 9
cents​.
    * The mean earnings estimate of analysts had fallen by
about 36.4%
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 22.6% this quarter and
lost 37.0% so far this year.
    * The company reported a quarterly loss of $15.62 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 May
4 at 09:02 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.07          -0.09          Missed
 Dec. 31 2022      -0.05          -0.08          Missed
 Sep. 30 2022      -0.06          -0.05          Beat
 Jun. 30 2022      -0.07          -0.05          Beat