Mink Therapeutics Inc reports results for the quarter ended in June - Earnings Summary

Mink Therapeutics

13/08/2024 14:51

* Mink Therapeutics Inc  INKT.OQ  reported a quarterly
adjusted
loss of 7 cents​​ per share for the quarter ended in June,
higher than the same quarter last year, when the company
reported EPS of -18 cents.  The mean expectation of
three analysts for the quarter was for a loss of 10 cents per
share. Wall Street expected results to range from -11 cents
to -9 cents per share.
    * Reported revenue was zero​; analysts expected zero. 
    * Mink Therapeutics Inc's reported EPS for the quarter was a
loss
of 7 cents​.
    * The company reported a quarterly loss of $2.7 million.
    * Mink Therapeutics Inc shares had fallen by 12.0% this
quarter and lost 22.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 3.4%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 4 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the biotechnology
&
medical research peer group is  "buy."

Wall Street's median 12-month price target for Mink Therapeutics
Inc is $8.00 
This summary was machine generated from LSEG data August 13 at
01:51 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      -0.10          -0.07          Beat
 Mar. 31 2024      -0.15          -0.11          Beat
 Dec. 31 2023      -0.15          -0.16          Missed
 Sep. 30 2023      -0.18          -0.15          Beat