Durect Corp Expected To Post A Loss Of 5 Cents A Share: Earnings Preview

DURECT

30/10/2021 03:06

* DURECT Corp  DRRX.OQ   DRRX.O  is expected to show a fall in
quarterly revenue when it reports results on November 2. 
* The Cupertino, California-based company is expected to report 
a 27.3% decrease in revenue to $1.95 million from $2.68 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 5 cents per share. For the same quarter last year, the
company reported a loss of 5 cents 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​, about 78.7% above​ its last closing price of $1.28. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 30 2021  -0.03       -0.04      -0.04     Met     5.9
 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
 Jun.          0.02​       0.02       0.07      Beat    366.7​
 30​ 2020​                                              
 Mar. 31 2020  -0.03       -0.04      -0.05     Missed  -38.9​
 Dec. 31 2019  0.00        -0.02      -0.02     Met     -25
 Sep. 30 2019  0.03        0.02       -0.01     Missed  -150
 This summary was machine generated October 30 at 02:06 GMT.  All
figures in US dollars unless otherwise stated