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

MannKind

07/08/2023 23:00

* MannKind Corp  MNKD.OQ  reported a quarterly adjusted loss
of 2
cents​​ per share for the quarter ended in June. The mean
expectation of five analysts for the quarter was for a loss of 4
cents per share.
    * Revenue rose 157.3% to $48.61 million from a year ago;
analysts
expected $42.95 million. 
    * MannKind Corp's reported EPS for the quarter was a loss
of 2
cents​.
    * The mean earnings estimate of analysts had risen by
about 7.3%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * MannKind Corp shares had risen by 16.0% this quarter and
lost 10.4% so far this year.
    * The company reported a quarterly loss of $5.27 million.
    * Wall Street's median 12-month price target for MannKind
Corp is
$6.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 7 at 10:00 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.04          -0.02          Beat
 Mar. 31 2023      -0.05          -0.04          Beat
 Dec. 31 2022      -0.06          -0.07          Missed
 Sep. 30 2022      -0.09          -0.06          Beat