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

DURECT

05/05/2022 07:21

* DURECT Corp  DRRX.OQ  reported a quarterly adjusted loss
of 5
cents​​ per share for the quarter ended in March. The mean
expectation of three analysts for the quarter was for a loss
of 5 cents per share.
    * Revenue fell 13.4% to $1.92 million from a year ago; 
analysts
expected $2.28 million. 
    * DURECT Corp's reported EPS for the quarter was a loss of 5
cents​.
    * The mean earnings estimate of analysts had fallen by
about 23.1%
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 26.9% this quarter and
lost 50.3% so far this year.
    * The company reported a quarterly loss of $10.84 million.
    * Wall Street's median 12-month price target for DURECT Corp
is
$6.00 
    * 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." 

This summary was machine generated May 5 at 06:21 a.m.  ​All
figures in US dollars unless otherwise stated