Durect Corp Expected To Post A Loss Of 2 Cents A Share: Earnings Preview

DURECT

24/03/2025 20:08

DURECT Corp DRRX.OQ DRRX.O is expected to show a rise in quarterly revenue when it reports  results on March 26 for the period ending December 31 2024

The Cupertino California-based  company is expected to report a 158.8% increase in revenue to $6.907 million from $2.67 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.

​LSEG's mean analyst estimate for DURECT Corp is for a loss of 2 cents per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 1 "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 $6.75​, above​ its last closing price of $0.85. ​​​

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

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Sep. 30 2024
-0.16
-0.17
-0.14
Beat
19.2
Jun. 30 2024
-0.16
-0.17
-0.12
Beat
29.4
Mar. 31 2024
-0.22
-0.22
-0.25
Missed
-13.6​
Dec. 31 2023
-0.33
-0.10
Beat
69.9
​​Sep. 30 2023
-0.42
-0.42
-0.14
Beat
66.7
Jun. 30 2023
-0.48
-0.51
-0.42
Beat
17.6​
Mar. 31 2023
-0.52
-0.53
-0.47
Beat
11.3
Dec. 31 2022
-0.54
-0.55
-0.46
Beat
15.9

This summary was machine generated March 24 at 20:08 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)