Equillium Inc reports results for the quarter ended in December - Earnings Summary

Equillium

23/03/2023 20:56

* Equillium Inc  EQ.OQ  reported quarterly adjusted earnings
of 8
cents​​ per share for the quarter ended in December. The mean
expectation of six analysts for the quarter was for a loss of 3
cents per share.
    * Revenue was $15.76 million​; analysts expected $6.50
million. 
    * Equillium Inc's reported EPS for the quarter was 8 cents​.
    * The mean earnings estimate of analysts had risen by
about 92.2%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Equillium Inc shares had fallen by 38.7% this quarter.
    * The company reported quarterly net income of $2.77
million.
    * Wall Street's median 12-month price target for Equillium
Inc is
$11.00 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 6 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
March 23 at 08:56 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.03          0.08           Beat
 Sep. 30 2022      -0.38          -0.40          Missed
 Jun. 30 2022      -0.41          -0.41          Met
 Mar. 31 2022      -0.37          -0.45          Missed