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

Equillium

14/08/2023 13:00

* Equillium Inc  EQ.OQ  reported a quarterly adjusted loss
of 10
cents​​ per share for the quarter ended in June. The mean
expectation of six analysts for the quarter was for a loss of 17
cents per share.
    * Revenue was $9.12 million​; analysts expected $6.45
million. 
    * Equillium Inc's reported EPS for the quarter was a loss
of 10
cents​.
    * 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. 
    * Equillium Inc shares had risen by 8.6% this quarter and
lost 23.1% so far this year.
    * The company reported a quarterly loss of $3.34 million.
    * Wall Street's median 12-month price target for Equillium
Inc is
$7.00 
    * 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
August 14 at 12:00 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.17          -0.10          Beat
 Mar. 31 2023      -0.27          -0.11          Beat
 Dec. 31 2022      -0.03          0.08           Beat
 Sep. 30 2022      -0.38          -0.40          Missed