Molecular Templates Inc expected to post a loss of 30 cents a share - Earnings Preview

Molecular Templates

24/03/2023 22:36

* Molecular Templates Inc  MTEM.OQ   MTEM.O  is expected
to show a
fall in quarterly revenue when it reports  results on March 27
(estimated). 
    * The Austin Texas-based  company is expected to report  a
50.9% decrease in revenue to $8.812 million from $17.96 million
a year ago, according to the mean estimate from 4 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Molecular Templates
Inc
is for a loss of 30 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and 1 "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 $10.5​, above​ its last closing price of $0.34.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  -0.48       -0.48      -0.44     Beat    8
 Jun. 30 2022  -0.45       -0.48      -0.44     Beat    8.5
 Mar. 31 2022  -0.45       -0.47      -0.38     Beat    19.6​
 Dec. 31 2021  0.10        -0.40      -0.18     Beat    54.7
 ​​Sep.        -0.38       -0.38      -0.54     Missed  -43
 30 2021                                                
 Jun. 30 2021  -0.24       -0.27      -0.28     Missed  -1.8​
 Mar. 31 2021  0.19        0.14       -0.51     Missed  -454.8
 Dec. 31 2020  -0.47       -0.42      -0.53     Missed  -26.3
 This summary was machine generated March 24 at 22:36 GMT.  All
figures in US dollars  unless otherwise stated