ContraFect Corp reports results for the quarter ended in December - Earnings Summary

CONTRAFECT

31/03/2023 15:16

* ContraFect Corp  CFRX.OQ  reported a quarterly adjusted
loss of
$16.14​​ per share for the quarter ended in December. The lone
analyst forecast for the quarter was for a loss of $27.20 per
share.
    * Reported revenue was zero​; analysts expected zero. 
    * ContraFect Corp's reported EPS for the quarter was a loss
of
$16.14​.
    * The mean earnings estimate of analysts had fallen by
about 17.2%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * ContraFect Corp shares had fallen by 71.5% this quarter.
    * The company reported a quarterly loss of $9.84 million.
    * Wall Street's median 12-month price target for ContraFect
Corp
is $400.00 

This summary was machine generated from LSEG Refinitiv data
March 31 at 02:16 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -27.20         -16.14         Beat
 Sep. 30 2022      -18.40         -18.40         Met
 Jun. 30 2022      -29.80         -36.80         Missed
 Mar. 31 2022      -24.96         -40.80         Missed