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

COMPASS Pathways

08/05/2024 14:33

* Compass Pathways PLC  CMPS.OQ  reported a quarterly
adjusted
loss of 55 cents​​ per share for the quarter ended in March,
higher than the same quarter last year, when the company
reported EPS of -57 cents.  The mean expectation of
five analysts for the quarter was for a loss of 49 cents per
share. Wall Street expected results to range from -68 cents
to -28 cents per share.
    * Reported revenue was zero​; analysts expected zero. 
    * Compass Pathways PLC's reported EPS for the quarter was a
loss
of 55 cents​.
    * The company reported a quarterly loss of $35.19 million.
    * Compass Pathways PLC shares had risen by 2.6% this
quarter and
lost 2.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 18.3%
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 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 $27.50 
This summary was machine generated from LSEG data May 8 at 01:32
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
 Mar. 31 2024      -0.49          -0.55          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