Liquidia Corp reports results for the quarter ended in December - Earnings Summary

Liquidia

13/03/2024 13:30

* Liquidia Corp  LQDA.OQ  reported a quarterly adjusted loss
of 42
cents​​ per share for the quarter ended in December, lower than
the same quarter last year, when the company reported EPS of -9
cents.  The mean expectation of seven analysts for the quarter
was for a loss of 24 cents per share. Wall Street expected
results to range from -25 cents to -22 cents per share.
    * Revenue fell 15.5% to $4.53 million from a year ago;
analysts
expected $4.73 million. 
    * Liquidia Corp's reported EPS for the quarter was a loss
of 42
cents​.
    * The company reported a quarterly loss of $27.45 million.
    * Liquidia Corp shares had risen by 16.2% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 2.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," no
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the
pharmaceuticals
peer group is also "buy"

Wall Street's median 12-month price target for Liquidia Corp is
$25.00 
This summary was machine generated from LSEG data March 13 at
01:30 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      -0.24          -0.42          Missed
 Sep. 30 2023      -0.21          -0.24          Missed
 Jun. 30 2023      -0.16          -0.36          Missed
 Mar. 31 2023      -0.16          -0.18          Missed