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

CONTRAFECT

14/11/2022 14:32

* ContraFect Corp  CFRX.OQ  reported a quarterly adjusted
loss
of 23 cents​​ per share for the quarter ended in September. The
mean expectation of four analysts for the quarter was for a loss
of 23 cents per share.
    * Reported revenue was zero​; analysts expected zero. 
    * ContraFect Corp's reported EPS for the quarter was a loss
of 43
cents​.
    * The mean earnings estimate of analysts had risen by
about 32.8%
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 14.3% this
quarter and
lost 94.5% so far this year.
    * The company reported a quarterly loss of $17.07 million.
    * Wall Street's median 12-month price target for ContraFect
Corp
is $3.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
14 at 02:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.23          -0.23          Met
 Jun. 30 2022      -0.37          -0.46          Missed
 Mar. 31 2022      -0.31          -0.51          Missed
 Dec. 31 2021      -0.27          -0.11          Beat