MeiraGTx Holdings PLC expected to post a loss of 51 cents a share - Earnings Preview

MeiraGTx Holdings

01/11/2021 11:01

* MeiraGTx Holdings PLC  MGTX.OQ   MGTX.O  is expected to show a
fall in quarterly revenue when it reports results on November 3
(estimated). 
* The New York City, New York-based company is expected to
report  a 52.7% decrease in revenue to $2.408 million from $5.09
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for MeiraGTx Holdings PLC
is for a loss of 51 cents per share. For the same quarter last
year, the company reported a loss of 17 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 7 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for MeiraGTx
Holdings PLC is $32​, about 32.8% above​ its last closing price
of $21.50. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 30 2021  -0.55       -0.54      -0.46     Beat    14.5
 Mar. 31 2021  -0.42       -0.42      -0.54     Missed  -29.2
 Dec. 31 2020              -0.35      -0.25     Beat    29​
 Sep. 30 2020  -0.69       -0.70      -0.17     Beat    75.6
 Jun.          -0.45​      -0.46      -0.69     Missed  -50​
 30​ 2020​                                              
 Mar. 31 2020  -0.50       -0.48      -0.43     Beat    11​
 Dec. 31 2019              -0.51      -0.12     Beat    76.7
 Sep. 30 2019  -0.54       -0.52      -0.30     Beat    42.9
 This summary was machine generated November 1 at 11:01 GMT.  All
figures in US dollars unless otherwise stated