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

Molecular Templates

09/05/2023 03:06

* Molecular Templates Inc  MTEM.OQ   MTEM.O  is expected
to show a
fall in quarterly revenue when it reports  results on May 10
(estimated). 
    * The Austin Texas-based  company is expected to report  a
73.5% decrease in revenue to $2.25 million from $8.49 million a
year ago, according to the mean estimate from 2 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Molecular Templates
Inc
is for a loss of 28 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 7.0%
in the last three months. ​
    * Wall Street's median 12-month price target for Molecular
Templates Inc is $10.5​, above​ its last closing price of $0.45.
​​​

This summary was machine generated May 9 at 02:06 GMT.  All
figures in US dollars  unless otherwise stated