Durect Corp Expected To Post A Loss Of 53 Cents A Share: Earnings Preview

DURECT

06/05/2023 03:07

* DURECT Corp  DRRX.OQ   DRRX.O  is expected to show a rise
in
quarterly revenue when it reports  results on May 8. 
    * The Cupertino California-based  company is expected to
report  a
50.9% increase in revenue to $2.889 million from $1.92 million a
year ago, according to the mean estimate from 4 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for DURECT Corp is for
a loss
of 53 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "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
$34.5​, above​ its last closing price of $4.34. ​​​

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 2022  -0.54       -0.55      -0.46     Beat    15.9
 Sep. 30 2022  -0.10       -0.10      -0.10     Met     0
 Jun. 30 2022              -0.47      -0.50     Missed  -7.1​
 Mar. 31 2022  -0.50       -0.53      -0.50     Beat    6.2
 ​​Dec.                    -0.47      -0.30     Beat    35.7
 31 2021                                                
 Sep. 30 2021  -0.50       -0.47      -0.40     Beat    14.3​
 Jun. 30 2021  -0.30       -0.42      -0.40     Beat    5.9
 Mar. 31 2021  -0.43       -0.44      -0.50     Missed  -13.6
 This summary was machine generated May 6 at 02:07 GMT.  All
figures in US dollars  unless otherwise stated