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

MeiraGTx Holdings

10/08/2023 15:02

* MeiraGTx Holdings PLC  MGTX.OQ  reported a quarterly
adjusted
loss of 53 cents​​ per share for the quarter ended in June. The
mean expectation of three analysts for the quarter was for a
loss of 57 cents per share.
    * Revenue fell 67.1% to $3.54 million from a year ago;
analysts
expected $4.17 million. 
    * MeiraGTx Holdings PLC's reported EPS for the quarter was a
loss
of 53 cents​.
    * The mean earnings estimate of analysts had risen by
about 8.6%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * MeiraGTx Holdings PLC shares had fallen by 14.4% this
quarter and lost 11.8% so far this year.
    * The company reported a quarterly loss of $29.58 million.
    * Wall Street's median 12-month price target for MeiraGTx
Holdings
PLC is $21.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 10 at 02:02 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.57          -0.53          Beat
 Mar. 31 2023      -0.66          -0.62          Beat
 Dec. 31 2022      -0.49          -0.60          Missed
 Sep. 30 2022      -0.58          -0.83          Missed