Cognition Therapeutics Inc reports results for the quarter ended June 30 - Earnings Summary
Cognition Therapeutics Inc reports results for the quarter ended June 30 - Earnings Summary
Cognition Therapeutics Inc CGTX.OQ reported a quarterly adjusted loss of 4 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -11 cents. The mean expectation of three analysts for the quarter was for a loss of 6 cents per share. Wall Street expected results to range from -7 cents to -6 cents per share.
Reported revenue was zero; analysts expected zero.
Cognition Therapeutics Inc's reported EPS for the quarter was a loss of 4 cents.
The company reported a quarterly loss of $3.93 million.
Cognition Therapeutics Inc shares had fallen by 7.8% this quarter and lost 21.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 1.3% 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 3 "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 Cognition Therapeutics Inc is $3.00, about 62.3% above its last closing price of $1.13
This summary was machine generated from LSEG data August 7 at 02:48 a.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 | -0.06 | -0.04 | Beat |
Mar. 31 2026 | -0.07 | -0.05 | Beat |
Dec. 31 2025 | -0.08 | -0.05 | Beat |
Sep. 30 2025 | -0.10 | -0.06 | Beat |
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Cognition rises after FDA backs late-stage trial plan for dementia drug
Brief: Cognition Therapeutics Announces Issuance Of Composition Of Matter Patent, Extending Protection For Zervimesine (CT1812) Through 2045
Brief: Cognition Therapeutics Schedules A Type C Meeting With FDA To Align On Endpoints For Phase 3 Trial Of Zervimesine (Ct1812) In DLB