Merus NV reports results for the quarter ended in June - Earnings Summary

Merus NV

07/08/2023 23:35

* Merus NV  MRUS.OQ  reported a quarterly adjusted loss
of 66
cents​​ per share for the quarter ended in June. The mean
expectation of ten analysts for the quarter was for a loss of 87
cents per share.
    * Revenue fell 17.4% to $10.48 million from a year ago;
analysts
expected $11.37 million. 
    * Merus NV's reported EPS for the quarter was a loss of 66
cents​.
    * The mean earnings estimate of analysts had risen by
about 3% in
the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Merus NV shares had fallen by 1.3% this quarter and
gained 68.1%
so far this year.
    * The company reported a quarterly loss of $32.03 million.
    * Wall Street's median 12-month price target for Merus NV is
$47.00 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 11 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 7 at 10:34 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.87          -0.66          Beat
 Mar. 31 2023      -1.02          -0.86          Beat
 Dec. 31 2022      -0.83          -1.81          Missed
 Sep. 30 2022      -0.63          -0.53          Beat