Cocrystal Pharma Inc reports results for the quarter ended September 30 - Earnings Summary

Cocrystal Pharma

13/11/2024 15:23

* Cocrystal Pharma Inc  COCP.OQ  reported a quarterly
adjusted
loss of 49 cents​​ per share for the quarter ended September 30,
lower than the same quarter last year, when the company reported
EPS of -41 cents.  The mean expectation of three analysts for
the quarter was for a loss of 57 cents per share. Wall Street
expected results to range from -59 cents to -55 cents per share.
    * Reported revenue was zero​; analysts expected zero. 
    * Cocrystal Pharma Inc's reported EPS for the quarter was a
loss
of 49 cents​.
    * The company reported a quarterly loss of $4.94 million.
    * Cocrystal Pharma Inc shares had held steady so far this
quarter and gained 2.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 13.2%
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 2 "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 Cocrystal Pharma
Inc is $7.00 
This summary was machine generated from LSEG data November 13 at
03:22 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
 Sep. 30 2024      -0.57          -0.49          Beat
 Jun. 30 2024      -0.48          -0.53          Missed
 Mar. 31 2024      -0.54          -0.39          Beat
 Dec. 31 2023      -0.60          -0.44          Beat