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MRSN — Mersana Therapeutics News Story

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Mersana Therapeutics Inc expected to post a loss of 18 cents a share - Earnings Preview

* Mersana Therapeutics Inc  MRSN.OQ   MRSN.O  is expected
to show
a rise in quarterly revenue when it reports  results on May 9
for the period ending March 31 2024
    * The Cambridge Massachusetts-based  company is expected to
report
a 8.9% increase in revenue to $8.5 million from $7.8 million a
year ago, according to the mean estimate from 8 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Mersana Therapeutics Inc
is
for a loss of 18 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 22.6%
in the last three months. ​
    * Wall Street's median 12-month price target for Mersana
Therapeutics Inc is $7.00​, above​ its last closing price
of $3.50. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  -0.12       -0.16      -0.16     Met     2.6
 Sep. 30 2023  -0.35       -0.36      -0.27     Beat    25.4
 Jun. 30 2023  -0.37       -0.44      -0.47     Missed  -6.5​
 Mar. 31 2023  -0.40       -0.44      -0.52     Missed  -19.3
 ​​Dec.        -0.47       -0.50      -0.44     Beat    12.8
 31 2022                                                
 Sep. 30 2022  0.04        -0.09      -0.61     Missed  -577.8
                                                        ​
 Jan. 1 0001   -0.53       -0.52      -0.55     Missed  -5.8
 Mar. 31 2022  -0.32       -0.32      -0.59     Missed  -85.2
 This summary was machine generated May 7 at 16:30 GMT.  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)

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