Delcath Systems Inc reports results for the quarter ended in December - Earnings Summary

Delcath Systems

26/03/2024 13:32

* Delcath Systems Inc  DCTH.OQ  reported a quarterly
adjusted loss
of 48 cents​​ per share for the quarter ended in December,
higher than the same quarter last year, when the company
reported EPS of $-1.02.  The mean expectation of five analysts
for the quarter was for a loss of 51 cents per share. Wall
Street expected results to range from -67 cents to -41 cents per
share.
    * Revenue fell 33.5% to $539.00 thousand from a year ago;
analysts
expected $540.40 thousand. 
    * Delcath Systems Inc's reported EPS for the quarter was a
loss
of 48 cents​.
    * The company reported a quarterly loss of $11.14 million.
    * Delcath Systems Inc shares had risen by 12.0% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the medical
equipment,
supplies & distribution peer group is also "buy"

Wall Street's median 12-month price target for Delcath Systems
Inc is $18.00 
This summary was machine generated from LSEG data March 26 at
01:32 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      -0.51          -0.48          Beat
 Sep. 30 2023      -0.52          -1.14          Missed
 Jun. 30 2023      -0.60          -0.67          Missed
 Mar. 31 2023      -0.62          -0.77          Missed