Geron Corp expected to post a loss of 10 cents a share - Earnings Preview

Geron

26/02/2024 15:02

* Geron Corp  GERN.OQ   GERN.O  is expected to show a fall
in
quarterly revenue when it reports  results on February 28 for
the period ending December 31 2023
    * The Foster City California-based  company is expected to
report
a 34.2% decrease in revenue to $67.8 thousand from $103 thousand
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Geron Corp is for a loss
of 10
cents per share. 
    * 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."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Geron Corp
is
$5.00​, above​ its last closing price of $1.96. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  -0.09       -0.10      -0.08     Beat    18.6
 Jun. 30 2023  -0.08       -0.08      -0.09     Missed  -8
 Mar. 31 2023  -0.10       -0.10      -0.07     Beat    30​
 Dec. 31 2022              -0.12      -0.10     Beat    20
 ​​Sep.        -0.09       -0.09      -0.10     Missed  -7.1
 30 2022                                                
 Jun. 30 2022  -0.09       -0.09      -0.07     Beat    25.5​
 Mar. 31 2022  -0.10       -0.10      -0.09     Beat    13.5
 Dec. 31 2021  -0.08       -0.08      -0.10     Missed  -19
 This summary was machine generated February 26 at 15:02 GMT. 
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)