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CRMD — CorMedix News Story

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CorMedix Inc expected to post earnings of 13 cents a share - Earnings Preview

CorMedix Inc CRMD.OQ CRMD.O is expected to show a rise in quarterly revenue when it reports  results on March 10 (estimated) for the period ending December 31 2024

The Berkeley Heights New Jersey-based  company is expected to report revenue of $25.414 million, according to the mean estimate from 4 analysts, based on LSEG data.The company's guidance on January 7 2025, for the period ended December 31, was for revenue of $31.000 million.

​LSEG's mean analyst estimate for CorMedix Inc is for earnings of 13 cents per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

The mean earnings estimate of analysts was unchanged in the last three months. ​

Wall Street's median 12-month price target for CorMedix Inc is $17.00​, above​ its last closing price of $9.49. ​​​

The company's guidance on January 7 2025 for the period ended December 31 was for Earnings before Interest, Taxes, Depreciation and Amortization of of USD12 million.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDINGSTARMINESMARTESTIMATE®LSEG IBES ESTIMATEACTUALBEAT, MET, MISSEDSURPRISE %
Sep. 30 2024-0.10-0.10-0.05Beat51.3
Jun. 30 2024-0.24-0.25-0.25Met0
Mar. 31 2024-0.27-0.28-0.25Beat9.9​
Dec. 31 2023-0.20-0.20-0.26Missed-28.9
​​Sep. 30 2023-0.20-0.21-0.17Beat18.2
Jun. 30 2023-0.23-0.24-0.25Missed-3.6​
Mar. 31 2023-0.20-0.20-0.24Missed-20
Dec. 31 2022-0.19-0.20Missed-7
This summary was machine generated March 7 at 13:15 GMT. 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)

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