Delcath Systems Inc reports results for the quarter ended September 30 - Earnings Summary

Delcath Systems

08/11/2024 16:15

* Delcath Systems Inc  DCTH.OQ  reported quarterly adjusted
earnings of 6 cents​​ per share for the quarter ended September
30, higher than the same quarter last year, when the company
reported EPS of $-1.14.  The mean expectation of seven analysts
for the quarter was for a loss of 20 cents per share. Wall
Street expected results to range from -58 cents to -4 cents per
share.
    * Revenue rose 2,480.6% to $11.20 million from a year ago;
analysts expected $10.46 million. 
    * Delcath Systems Inc's reported EPS for the quarter was 6
cents​.
    * The company reported quarterly net income of $1.86
million.
    * Delcath Systems Inc shares had risen by 21.2% this
quarter and
gained 163.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 9.8%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "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 21.50 
This summary was machine generated from LSEG data November 8 at
04:14 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
 Sep. 30 2024      -0.20          0.06           Beat
 Jun. 30 2024      -0.36          -0.48          Missed
 Mar. 31 2024      -0.47          -0.45          Beat
 Dec. 31 2023      -0.51          -0.48          Beat