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CervoMed Inc expected to post a loss of 66 cents a share - Earnings Preview

CervoMed Inc CRVO.OQ CRVO.O is expected to show a fall in quarterly revenue when it reports  results on May 12 (estimated) for the period ending March 31 2025

The Boston Massachusetts-based  company is expected to report a 26.6% decrease in revenue to $1.722 million from $2.35 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.

‚ÄčLSEG's mean analyst estimate for CervoMed Inc is for a loss of 66 cents per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

The mean earnings estimate of analysts had fallen by about 5.8% in the last three months. ‚Äč

Wall Street's median 12-month price target for CervoMed Inc is $15.00‚Äč, above‚Äč its last closing price of $8.49. ‚Äč‚Äč‚Äč

Previous quarterly performance (using preferred earnings measure in US dollars). ‚Äč

QUARTER ENDINGSTARMINESMARTESTIMATE¬ģLSEG IBES ESTIMATEACTUALBEAT, MET, MISSEDSURPRISE %
Dec. 31 2024-0.68-0.63-0.80Missed-27
Sep. 30 2024-0.40-0.41-0.55Missed-33.3
Jun. 30 2024-0.26-0.31-0.27Beat11.8‚Äč
Mar. 31 2024-0.39-0.39-0.41Missed-5.1
‚Äč‚ÄčDec. 31 2023-0.29-0.29-0.38Missed-31
Sep. 30 2023-0.95-0.95-0.70Beat26.3‚Äč
This summary was machine generated May 10 at 00:26 GMT. 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)

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