EQRx Inc reports results for the quarter ended in September - Earnings Summary

EQRx

10/11/2022 14:33

* EQRx Inc  EQRX.OQ  reported a quarterly adjusted loss
of 18
cents​​ per share for the quarter ended in September. The mean
expectation of four analysts for the quarter was for a loss
of 20 cents per share.
    * Reported revenue was zero​; analysts expected zero. 
    * EQRx Inc's reported EPS for the quarter was a loss of 18
cents​.
    * The mean earnings estimate of analysts had risen by
about 2.6%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * EQRx Inc shares had risen by 10.1% this quarter and
lost 20.1%
so far this year.
    * The company reported a quarterly loss of $85.09 million.
    * Wall Street's median 12-month price target for EQRx Inc is
$6.80
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
10 at 02:33 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.20          -0.18          Beat
 Jun. 30 2022      -0.19          -0.17          Beat
 Mar. 31 2022      -0.24          0.04           Beat