Durect Corp Expected To Post A Loss Of 1 Cent A Share: Earnings Preview

DURECT

01/11/2022 02:06

* DURECT Corp  DRRX.OQ   DRRX.O  is expected to show a rise
in
quarterly revenue when it reports  results on November 2. 
    * The Cupertino California-based  company is expected to
report  a
499.9% increase in revenue to $12.988 million from $2.17 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for DURECT Corp is for
a loss
of 1 cent per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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 DURECT Corp
is
$6​, above​ its last closing price of $0.65. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022              -0.05      -0.05     Met     -7.1
 Mar. 31 2022  -0.05       -0.05      -0.05     Met     6.2
 Dec. 31 2021              -0.05      -0.03     Beat    35.7​
 Sep. 30 2021  -0.05       -0.05      -0.04     Beat    14.3
 ​​Jun.        -0.03       -0.04      -0.04     Met     5.9
 30 2021                                                
 Mar. 31 2021  -0.04       -0.04      -0.05     Missed  -13.6​
 Dec. 31 2020  0.02        -0.03      -0.04     Missed  -26.3
 Sep. 30 2020  -0.04       -0.04      -0.05     Missed  -15.4
 This summary was machine generated November 1 at 02:05 GMT.  All
figures in US dollars  unless otherwise stated