Modular Medical Inc reports results for the quarter ended December 31 - Earnings Summary

Modular Medical

14/02/2025 02:28

* Modular Medical Inc  MODD.OQ  reported a quarterly
adjusted loss
of 13 cents​​ per share for the quarter ended December 31,
higher than the same quarter last year, when the company
reported EPS of -23 cents.  The lone analyst forecast for the
quarter was for a loss of 12 cents per share. 
    * Reported revenue was zero​; analysts expected zero. 
    * Modular Medical Inc's reported EPS for the quarter was a
loss
of 13 cents​.
    * The company reported a quarterly loss of $4.8 million.
    * Modular Medical Inc shares had fallen by 15.3% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 9.1%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the medical
equipment,
supplies & distribution peer group is also "buy"

Wall Street's median 12-month price target for Modular Medical
Inc is $8.00 
This summary was machine generated from LSEG data February 14 at
02:28 a.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
 Dec. 31 2024      -0.12          -0.13          Missed
 Sep. 30 2024      -0.11          -0.14          Missed
 Jun. 30 2024      -0.20          -0.12          Beat
 Mar. 31 2024      -0.17          -0.14          Beat