Geron Corp reports results for the quarter ended in June - Earnings Summary

Geron

04/08/2023 11:13

* Geron Corp  GERN.OQ  reported a quarterly adjusted loss
of 9
cents​​ per share for the quarter ended in June. The mean
expectation of six analysts for the quarter was for a loss of 8
cents per share.
    * Revenue fell 60.3% to $29.00 thousand from a year ago;
analysts
expected $66.00 thousand. 
    * Geron Corp's reported EPS for the quarter was a loss of 9
cents​.
    * The mean earnings estimate of analysts had risen by
about 16.7%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Geron Corp shares had fallen by 1.6% this quarter and
gained 30.6% so far this year.
    * The company reported a quarterly loss of $49.23 million.
    * Wall Street's median 12-month price target for Geron Corp
is
$5.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 4 at 10:13 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.08          -0.09          Missed
 Mar. 31 2023      -0.10          -0.07          Beat
 Dec. 31 2022      -0.12          -0.10          Beat
 Sep. 30 2022      -0.09          -0.10          Missed