Durect Corp Reports Results For The Quarter Ended In June: Earnings Summary

DURECT

29/07/2021 22:53

* DURECT Corp  DRRX.OQ  reported a quarterly adjusted loss of 4
cents​​ per share for the quarter ended in June. The mean
expectation of five analysts for the quarter was for a loss of 4
cents per share.
* Revenue fell 91.1% to $2.30 million from a year ago;  analysts
expected $3.65 million. 
* DURECT Corp's reported EPS for the quarter was a loss of 4
cents​.
* The mean earnings estimate of analysts had risen by about 5.6%
in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* DURECT Corp shares had fallen by 9.8% this quarter and
lost 29.0% so far this year.
* The company reported a quarterly loss of $9.15 million.
* Wall Street's median 12-month price target for DURECT Corp is
$7.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
This summary was machine generated July 29 at 09:53 p.m.  ​All
figures in US dollars unless otherwise stated