Check Cap Ltd reports results for the quarter ended in September - Earnings Summary

Mbody Ai

27/11/2023 14:31

* Check Cap Ltd  CHEK.OQ  reported a quarterly adjusted loss
of 44
cents​​ per share for the quarter ended in September, lower than
the same quarter last year, when the company reported EPS of -4
cents.  The mean expectation of two analysts for the quarter was
for a loss of 29 cents per share. Wall Street expected
results to range from -42 cents to -17 cents per share.
    * Reported revenue was zero​; analysts expected zero. 
    * Check Cap Ltd's reported EPS for the quarter was a loss
of 44
cents​.
    * The company reported a quarterly loss of $2.59 million.
    * Check Cap Ltd shares had fallen by 18.3% this quarter and
gained 58.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged 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 "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the biotechnology
&
medical research peer group is also "hold"

This summary was machine generated from LSEG data November 27 at
02:30 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      -0.29          -0.44          Missed
 Jun. 30 2023      -0.45          -0.94          Missed
 Mar. 31 2023      -0.54          -0.76          Missed
 Dec. 31 2022      -0.68          -0.63          Beat