Clene Inc reports results for the quarter ended June 30 - Earnings Summary
Clene Inc reports results for the quarter ended June 30 - Earnings Summary
Clene Inc CLNN.OQ reported a quarterly adjusted loss of $1.08 per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of -78 cents. The mean expectation of five analysts for the quarter was for a loss of 37 cents per share. Wall Street expected results to range from -58 cents to -22 cents per share.
Revenue fell 40.7% to $16.00 thousand from a year ago; analysts expected $73.50 thousand.
Clene Inc's reported EPS for the quarter was a loss of $1.08.
The company reported a quarterly loss of $13.42 million.
Clene Inc shares had fallen by 31.9% this quarter and lost 28.6% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 12.1% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the biotechnology & medical research peer group is also "buy"
Wall Street's median 12-month price target for Clene Inc is $30.00, about 86% above its last closing price of $4.19
This summary was machine generated from LSEG data August 14 at 02:23 p.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | -0.37 | -1.08 | Missed |
Mar. 31 2026 | -0.64 | -0.27 | Beat |
Dec. 31 2025 | -0.59 | -0.88 | Missed |
Sep. 30 2025 | -0.58 | -0.85 | Missed |
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