Molecular Templates Inc expected to post a loss of 28 cents a share - Earnings Preview

Molecular Templates

06/08/2021 03:38

* Molecular Templates Inc  MTEM.OQ   MTEM.O  is expected to show
a rise in quarterly revenue when it reports results on August 6
(estimated). 
* The Austin, Texas-based company is expected to report   a
167.6% increase in revenue to $18.49 million from $6.91 million
a year ago, according to the mean estimate from 7 analysts,
based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Molecular Templates Inc
is for a loss of 28 cents per share. For the same quarter last
year, the company reported a loss of 65 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 9 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for Molecular
Templates Inc is $13​, about 44.5% above​ its last closing price
of $7.22. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.19        0.14       -0.51     Missed  -454.8
 Dec. 31 2020  -0.47       -0.42      -0.53     Missed  -26.3
 Sep. 30 2020  -0.56       -0.55      -0.47     Beat    14.8​
 Jun. 30 2020  -0.68       -0.48      -0.65     Missed  -34.9
 Mar.          -0.35​      -0.32      -0.48     Missed  -50.7​
 31​ 2020​                                              
 Dec. 31 2019  -0.18       -0.25      -0.41     Missed  -61.4​
 Sep. 30 2019  -0.21       -0.24      -0.44     Missed  -86.4
 Jun. 30 2019  -0.24       -0.23      -0.25     Missed  -8.7
 This summary was machine generated August 6 at 02:38 GMT.  All
figures in US dollars unless otherwise stated