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

Cerus

03/11/2022 21:03

* Cerus Corp  CERS.OQ  reported a quarterly adjusted loss
of 5
cents​​ per share for the quarter ended in September. The mean
expectation of five analysts for the quarter was for a loss of 6
cents per share.
    * Revenue fell 6% to $39.57 million from a year ago;
analysts
expected $44.13 million. 
    * Cerus Corp's reported EPS for the quarter was a loss of 5
cents​.
    * The mean earnings estimate of analysts had risen by
about 17% in
the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Cerus Corp shares had fallen by 3.1% this quarter and
lost 48.8%
so far this year.
    * The company reported a quarterly loss of $8.48 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 from Refinitiv data November
3 at 09:03 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.06          -0.05          Beat
 Jun. 30 2022      -0.07          -0.05          Beat
 Mar. 31 2022      -0.09          -0.07          Beat
 Dec. 31 2021      -0.08          -0.05          Beat