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

DURECT

05/05/2021 24:47

* DURECT Corp  DRRX.OQ  reported a quarterly adjusted loss of 5
cents​​ per share for the quarter ended in March. The mean
expectation of six analysts for the quarter was for a loss of 4
cents per share.
* Revenue fell 20.3% to $2.21 million from a year ago​; 
analysts expected $2.92 million.
* DURECT Corp's reported EPS for the quarter was a loss of 5
cents​.
* The mean earnings estimate of analysts had risen by about 8.3%
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 3.0% this quarter and
lost 7.2% so far this year.
* The company reported a quarterly loss of $10.13 million.
* Wall Street's median 12-month price target for DURECT Corp is
$6.50 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 6 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
This summary was machine generated May 4 at 11:47 p.m. GMT. ​All
figures in US Dollars.​