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

DURECT

30/04/2022 03:03

* DURECT Corp  DRRX.OQ   DRRX.O  is expected to show a rise
in
quarterly revenue when it reports  results on May 4. 
    * The Cupertino California-based  company is expected to
report  a
3.2% increase in revenue to $2.283 million from $2.21 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​, above​ its last closing price of $0.45. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021              -0.05      -0.03     Beat    35.7
 Sep. 30 2021  -0.05       -0.05      -0.04     Beat    14.3
 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.        0.02        -0.03      -0.04     Missed  -26.3
 31 2020                                                
 Sep. 30 2020  -0.04       -0.04      -0.05     Missed  -15.4​
 Jun. 30 2020  0.02        0.02       0.07      Beat    366.7
 Mar. 31 2020  -0.03       -0.04      -0.05     Missed  -38.9
 This summary was machine generated April 30 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated