Elutia Inc expected to post a loss of 33 cents a share - Earnings Preview

Elutia

06/08/2024 03:19

* Elutia Inc  ELUT.OQ   ELUT.O  is expected to show a fall
in
quarterly revenue when it reports  results on August 7 for the
period ending June 30 2024
    * The Silver Spring Maryland-based  company is expected to
report
a 35.4% decrease in revenue to $6.65 million from $10.3 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Elutia Inc is for a loss
of 33
cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Elutia Inc
is
$10.50​, above​ its last closing price of $2.73. ​​​

This summary was machine generated August 6 at 02:18 GMT.  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)