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

DURECT

02/11/2022 22:06

* DURECT Corp  DRRX.OQ  reported a quarterly adjusted loss
of 1
cent​​ per share for the quarter ended in September. The mean
expectation of three analysts for the quarter was for a loss of
one cent per share.
    * Revenue rose 453.2% to $11.98 million from a year ago;
analysts
expected $12.99 million. 
    * DURECT Corp's reported EPS for the quarter was a loss of 1
cent​.
    * The mean earnings estimate of analysts had risen by
about 80% 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 risen by 5.8% this quarter and
lost 37.9%
so far this year.
    * The company reported a quarterly loss of $2.47 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 from Refinitiv data November
2 at 10:06 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.01          -0.01          Met
 Jun. 30 2022      -0.05          -0.05          Met
 Mar. 31 2022      -0.05          -0.05          Met
 Dec. 31 2021      -0.05          -0.03          Beat