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

Merus NV

08/05/2023 13:01

* Merus NV  MRUS.OQ  reported a quarterly adjusted loss
of 86
cents​​ per share for the quarter ended in March. The mean
expectation of ten analysts for the quarter was for a loss of
$1.02 per share.
    * Revenue rose 15.8% to $13.50 million from a year ago;
analysts
expected $11.29 million. 
    * Merus NV's reported EPS for the quarter was a loss of 86
cents​.
    * The mean earnings estimate of analysts had fallen by
about 18.7%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Merus NV shares had risen by 13.0% this quarter and
gained 34.5%
so far this year.
    * The company reported a quarterly loss of $39.74 million.
    * Wall Street's median 12-month price target for Merus NV is
$46.50 
    * 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 May
8 at 12:01 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -1.02          -0.86          Beat
 Dec. 31 2022      -0.83          -1.81          Missed
 Sep. 30 2022      -0.63          -0.53          Beat
 Jun. 30 2022      -0.62          -0.13          Beat