Enveric Biosciences Inc reports results for the quarter ended September 30 - Earnings Summary

Enveric Biosciences

15/11/2024 14:06

* Enveric Biosciences Inc  ENVB.OQ  reported a quarterly
adjusted
loss of 24 cents​​ per share for the quarter ended September 30,
higher than the same quarter last year, when the company
reported EPS of $-1.30.  The lone analyst forecast for the
quarter was for a loss of 52 cents per share. 
    * Reported revenue was zero​; analysts expected zero. 
    * Enveric Biosciences Inc's reported EPS for the quarter was
a
loss of 24 cents​.
    * Enveric Biosciences Inc shares had fallen by 16.2% this
quarter and lost 69.5% 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 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the biotechnology
&
medical research peer group is also "buy"

Wall Street's median 12-month price target for Enveric
Biosciences Inc is $8.32 
This summary was machine generated from LSEG data November 15 at
02:06 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      -0.52          -0.24          Beat
 Jun. 30 2024      -0.55          -0.25          Beat
 Mar. 31 2024      -0.77          -0.61          Beat
 Dec. 31 2023      -1.54          -1.47          Beat