MeiraGTx Holdings PLC reports results for the quarter ended in December - Earnings Summary

MeiraGTx Holdings

14/03/2024 14:20

* MeiraGTx Holdings PLC  MGTX.OQ  reported a quarterly
adjusted
loss of 42 cents​​ per share for the quarter ended in December,
higher than the same quarter last year, when the company
reported EPS of -60 cents.  The mean expectation of
three analysts for the quarter was for a loss of 11 cents per
share. Wall Street expected results to range from -50 cents
to 62 cents per share.
    * Revenue was $2.04 million​; analysts expected $6.56
million. 
    * MeiraGTx Holdings PLC's reported EPS for the quarter was a
loss
of 42 cents​.
    * The company reported a quarterly loss of $19.1 million.
    * MeiraGTx Holdings PLC shares had fallen by 9.5% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 79.9%
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 "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for MeiraGTx
Holdings
PLC is $20.00 

This summary was machine generated from LSEG data March 14 at
02:19 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
 Dec. 31 2023      -0.11          -0.42          Missed
 Sep. 30 2023      -0.55          -0.74          Missed
 Jun. 30 2023      -0.57          -0.53          Beat
 Mar. 31 2023      -0.66          -0.62          Beat