MeiraGTx Holdings PLC expected to post a loss of 57 cents a share - Earnings Preview

MeiraGTx Holdings

07/08/2023 19:31

* MeiraGTx Holdings PLC  MGTX.OQ   MGTX.O  is expected
to show a
fall in quarterly revenue when it reports  results on August 9
(estimated). 
    * The New York City-based  company is expected to report  a
61.3% decrease in revenue to $4.167 million from $10.76 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for MeiraGTx Holdings
PLC is
for a loss of 57 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "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 $21​, above​ its last closing price of $6.01. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.66       -0.66      -0.62     Beat    5.6
 Dec. 31 2023              -0.49      -0.60     Missed  -21.8
 Sep. 30 2022  -0.58       -0.58      -0.83     Missed  -43.6​
 Jun. 30 2022  -0.65       -0.64      -0.76     Missed  -18
 ​​Mar.        -0.53       -0.52      -0.70     Missed  -35.3
 31 2022                                                
 Dec. 31 2021  -0.54       -0.51      -0.22     Beat    56.5​
 Sep. 30 2021  -0.51       -0.51      -0.59     Missed  -16.6
 Jun. 30 2021  -0.55       -0.54      -0.46     Beat    14.5
 This summary was machine generated August 7 at 18:31 GMT.  All
figures in US dollars  unless otherwise stated