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

Merus NV

02/11/2023 22:35

* Merus NV  MRUS.OQ  reported a quarterly adjusted loss
of 43
cents​​ per share for the quarter ended in September, higher
than the same quarter last year, when the company reported EPS
of -53 cents.  The mean expectation of eleven analysts for the
quarter was for a loss of 74 cents per share. Wall Street
expected results to range from $-1.05 to -56 cents per share.
    * Revenue rose 67.6% to $11.03 million from a year ago;
analysts
expected $10.39 million. 
    * Merus NV's reported EPS for the quarter was a loss of 43
cents​.
    * The company reported a quarterly loss of $23.01 million.
    * Merus NV shares had fallen by 11.8% this quarter and
gained 34.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 19.8%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 13 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Merus NV is
$45.00 

This summary was machine generated from LSEG data November 2 at
10:34 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      -0.74          -0.43          Beat
 Jun. 30 2023      -0.87          -0.66          Beat
 Mar. 31 2023      -1.02          -0.86          Beat
 Dec. 31 2022      -0.83          -1.81          Missed