Clene Inc. expected to post a loss of 7 cents a share - Earnings Preview

Clene

08/03/2024 12:40

* Clene Inc.  CLNN.OQ   CLNN.O  is expected to show a fall
in
quarterly revenue when it reports  results on March 11
(estimated) for the period ending December 31 2023
    * The Salt Lake City Utah-based  company is expected to
report a
45.9% decrease in revenue to $126.67 thousand from $234 thousand
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Clene Inc. is for a loss
of 7
cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "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
$5.00​, above​ its last closing price of $0.41. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  -0.10       -0.09      -0.02     Beat    77.8
 Jun. 30 2023  -0.10       -0.12      -0.29     Missed  -136
 Mar. 31 2023  -0.14       -0.14      -0.15     Missed  -3.4​
 Dec. 31 2022  -0.11       -0.12      -0.01     Beat    92
 ​​Sep.        -0.21       -0.22      -0.17     Beat    21.2
 30 2022                                                
 Jun. 30 2022  -0.21       -0.20      -0.07     Beat    65.2​
 Mar. 31 2022  -0.19       -0.19      -0.21     Missed  -8.6
 Dec. 31 2021  -0.16       -0.17      0.07      Beat    142.2
 This summary was machine generated March 8 at 12:40 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)