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

CONTRAFECT

14/08/2023 14:32

* ContraFect Corp  CFRX.OQ  reported a quarterly adjusted
loss of
$1.94​​ per share for the quarter ended in June. The lone
analyst forecast for the quarter was for a loss of $1.81 per
share.
    * Reported revenue was zero​; analysts expected zero. 
    * ContraFect Corp's reported EPS for the quarter was a loss
of
$1.94​.
    * The mean earnings estimate of analysts had risen by
about 83.8%
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 35.3% this
quarter and
lost 87.4% so far this year.
    * The company reported a quarterly loss of $7.57 million.
    * Wall Street's median 12-month price target for ContraFect
Corp
is $5.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 14 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -1.81          -1.94          Missed
 Mar. 31 2023      -10.83         -0.69          Beat
 Dec. 31 2022      -27.20         -16.14         Beat
 Sep. 30 2022      -18.40         -18.40         Met