Elutia Inc reports results for the quarter - Earnings Summary

Elutia

15/11/2024 14:04

* Elutia Inc  ELUT.OQ  reported a quarterly adjusted loss
of 33
cents​​ per share for the quarter , higher than the same quarter
last year, when the company reported EPS of -57 cents.  The mean
expectation of two analysts for the quarter was for a loss of 44
cents per share. Wall Street expected results to range from -59
cents to -29 cents per share.
    * Revenue fell 3.3% to $5.92 million from a year ago;
analysts
expected $6.60 million. 
    * Elutia Inc's reported EPS for the quarter was a loss of 33
cents​.
    * Elutia Inc shares had risen by 0.5% this quarter and
gained 77.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged 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 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the
pharmaceuticals
peer group is also "buy"

Wall Street's median 12-month price target for Elutia Inc is
10.00 
This summary was machine generated from LSEG data November 15 at
02:03 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
 Sep. 30 2024      -0.44          -0.33          Beat
 Jun. 30 2024      -0.33          -1.13          Missed
 Mar. 31 2024      -0.41          -0.75          Missed
 Dec. 31 2023      -0.28          -0.40          Missed