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ELDN — Eledon Pharmaceuticals News Story

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Eledon Pharmaceuticals Inc reports results for the quarter ended March 31 - Earnings Summary

Eledon Pharmaceuticals Inc ELDN.OQ reported a quarterly adjusted loss of 8 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -34 cents.  The mean expectation of three analysts for the quarter was for a loss of 30 cents per share. Wall Street expected results to range from -32 cents to -28 cents per share.

Reported revenue was zero​; analysts expected zero.

Eledon Pharmaceuticals Inc's reported EPS for the quarter was a loss of 8 cents​.

The company reported a quarterly loss of $6.5 million.

Eledon Pharmaceuticals Inc shares had fallen by 14.5% this quarter and lost 29.6% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 19.7% 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 "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

Wall Street's median 12-month price target for Eledon Pharmaceuticals Inc is $9.00

This summary was machine generated from LSEG data May 14 at 08:17 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 2025-0.30-0.08Beat
Dec. 31 2024-0.320.67Beat
Sep. 30 2024-0.31-0.32Missed
Jun. 30 2024-0.30-1.06Missed

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