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

Liquidia

07/08/2024 14:32

* Liquidia Corp  LQDA.OQ  reported a quarterly adjusted loss
of 37
cents​​ per share for the quarter ended in June, lower than the
same quarter last year, when the company reported EPS of -36
cents.  The mean expectation of seven analysts for the quarter
was for a loss of 34 cents per share. Wall Street expected
results to range from -43 cents to -26 cents per share.
    * Revenue fell 23.5% to $3.66 million from a year ago;
analysts
expected $9.45 million. 
    * Liquidia Corp's reported EPS for the quarter was a loss
of 37
cents​.
    * The company reported a quarterly loss of $27.94 million.
    * Liquidia Corp shares had fallen by 7.8% this quarter and
lost 8.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 11.3%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 1
"hold" and no "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
$28.50 
This summary was machine generated from LSEG data August 7 at
01:32 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
 Jun. 30 2024      -0.34          -0.37          Missed
 Mar. 31 2024      -0.32          -0.54          Missed
 Dec. 31 2023      -0.24          -0.42          Missed
 Sep. 30 2023      -0.21          -0.24          Missed