Clene Inc. CLNN.OQ CLNN.O is expected to show a fall in quarterly revenue when it reports results on March 17 (estimated) for the period ending December 31 2024
The Salt Lake City Utah-based company is expected to report a 23.5% decrease in revenue to $130 thousand from $170 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 95 cents 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 $4.37.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Sep. 30 2024
-1.30
-1.32
-1.22
Beat
7.9
Jun. 30 2024
-1.49
-1.49
-1.06
Beat
28.9
Mar. 31 2024
-1.63
-1.60
-1.80
Missed
-12.5
Dec. 31 2023
-1.60
-1.45
-1.20
Beat
17.2
Sep. 30 2023
-2.04
-1.80
-0.40
Beat
77.8
Jun. 30 2023
-2.08
-2.46
-5.80
Missed
-136
Mar. 31 2023
-2.80
-2.90
-3.00
Missed
-3.4
Dec. 31 2022
-2.17
-2.49
-0.20
Beat
92
This summary was machine generated March 14 at 13:03 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)