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

MeiraGTx Holdings

11/05/2023 14:23

* MeiraGTx Holdings PLC  MGTX.OQ  reported a quarterly
adjusted
loss of 62 cents​​ per share for the quarter ended in March. The
mean expectation of three analysts for the quarter was for a
loss of 66 cents per share.
    * Revenue fell 40.8% to $3.33 million from a year ago;
analysts
expected $4.87 million. 
    * MeiraGTx Holdings PLC's reported EPS for the quarter was a
loss
of 62 cents​.
    * The mean earnings estimate of analysts had fallen by
about 22.7%
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 risen by 19.9% this
quarter and
lost 4.9% so far this year.
    * The company reported a quarterly loss of $30.36 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 May
11 at 01:23 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.66          -0.62          Beat
 Dec. 31 2022      -0.49          -0.60          Missed
 Sep. 30 2022      -0.58          -0.83          Missed
 Jun. 30 2022      -0.64          -0.76          Missed