Compass Pathways PLC reports results for the quarter ended in December - Earnings Summary

COMPASS Pathways

29/02/2024 14:34

* Compass Pathways PLC  CMPS.OQ  reported a quarterly
adjusted
loss of 53 cents​​ per share for the quarter ended in December,
higher than the same quarter last year, when the company
reported EPS of -73 cents.  The mean expectation of
seven analysts for the quarter was for a loss of 33 cents per
share. Wall Street expected results to range from -62 cents
to -24 cents per share.
    * Reported revenue was zero​; analysts expected zero. 
    * Compass Pathways PLC's reported EPS for the quarter was a
loss
of 53 cents​.
    * The company reported a quarterly loss of $32.53 million.
    * Compass Pathways PLC shares had risen by 41.4% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged 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 9 "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 Compass Pathways
PLC is $33.00 
This summary was machine generated from LSEG data February 29 at
02:33 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
 Dec. 31 2023      -0.33          -0.53          Missed
 Sep. 30 2023      -0.43          -0.67          Missed
 Jun. 30 2023      -0.69          -0.62          Beat
 Mar. 31 2023      -0.68          -0.57          Beat