Delcath Systems Inc expected to post a loss of 51 cents a share - Earnings Preview

Delcath Systems

22/03/2024 12:51

* Delcath Systems Inc  DCTH.OQ   DCTH.O  is expected to show
a
fall in quarterly revenue when it reports  results on March 26
for the period ending December 31 2023
    * The Queensbury New York-based  company is expected to
report a
33.3% decrease in revenue to $540.4 thousand from $810 thousand
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Delcath Systems Inc is
for a
loss of 51 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 Delcath
Systems
Inc is $18.00​, above​ its last closing price of $4.67. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  -0.52       -0.52      -1.14     Missed  -119.2
 Jun. 30 2023  -0.49       -0.60      -0.67     Missed  -11.7
 Mar. 31 2023  -0.67       -0.62      -0.77     Missed  -25​
 Dec. 31 2022  -0.85       -0.76      -1.02     Missed  -33.5
 ​​Sep.        -0.98       -0.98      -0.92     Beat    5.9
 30 2022                                                
 Jun. 30 2022  -0.96       -0.95      -1.18     Missed  -23.6​
 Mar. 31 2022  -0.88       -0.88      -1.00     Missed  -14.2
 Dec. 31 2021  -0.91       -1.01      -0.69     Beat    31.5
 This summary was machine generated March 22 at 12:51 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)