eFFECTOR Therapeutics Inc reports results for the quarter ended in January - Earnings Summary

Effector Therapeutics

09/05/2024 23:23

* eFFECTOR Therapeutics Inc  EFTR.OQ  reported a quarterly
adjusted loss of $2.16​​ per share for the quarter ended in
January, higher than the same quarter last year, when the
company reported EPS of $-6.00.  The mean expectation of
two analysts for the quarter was for a loss of $2.16 per share.
Wall Street expected results to range from $-2.35 to $-1.98 per
share.
    * Reported revenue was zero​; analysts expected zero. 
    * eFFECTOR Therapeutics Inc's reported EPS for the quarter
was a
loss of $2.16​.
    * The company reported a quarterly loss of $8.83 million.
    * eFFECTOR Therapeutics Inc shares had fallen by 85.5% this
quarter and lost 82.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 13.9%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the biotechnology
&
medical research peer group is  "buy."

Wall Street's median 12-month price target for eFFECTOR
Therapeutics Inc is $11.00 
This summary was machine generated from LSEG data May 9 at 10:23
p.m. UTC. ​All figures in US dollars unless otherwise stated.
(For questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2024      -2.16          -2.16          Met
 Dec. 31 2023      -1.65          -3.42          Missed
 Sep. 30 2023      -3.08          -3.25          Missed
 Jun. 30 2023      -4.94          -4.25          Beat