Clene Inc. expected to post a loss of $1.32 a share - Earnings Preview

Clene

01/11/2024 14:12

* Clene Inc.  CLNN.OQ   CLNN.O  is expected to show a fall
in
quarterly revenue when it reports  results on November 5
(estimated) for the period ending September 30 2024
    * The Salt Lake City Utah-based  company is expected to
report a
16.7% decrease in revenue to $90 thousand from $108 thousand a
year ago, according to the mean estimate from 6 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Clene Inc. is for a loss
of
$1.32 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Clene Inc.
is
$30.50​, above​ its last closing price of $6.35. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  -1.49       -1.49      -1.06     Beat    28.9
 Mar. 31 2024  -1.63       -1.60      -1.80     Missed  -12.5
 Jan. 1 0001   -1.60       -1.45      -1.20     Beat    17.2​
 Sep. 30 2023  -2.04       -1.80      -0.40     Beat    77.8
 ​​Jun.        -2.08       -2.46      -5.80     Missed  -136
 30 2023                                                
 Mar. 31 2023  -2.80       -2.90      -3.00     Missed  -3.4​
 Dec. 31 2022  -2.17       -2.49      -0.20     Beat    92
 Sep. 30 2022  -4.26       -4.31      -3.40     Beat    21.2
 This summary was machine generated November 1 at 14:12 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)