Molecular Templates Inc expected to post a loss of 34 cents a share - Earnings Preview

Molecular Templates

08/08/2023 03:07

* Molecular Templates Inc  MTEM.OQ   MTEM.O  is expected
to show a
fall in quarterly revenue when it reports  results on August 9
(estimated). 
    * The Austin Texas-based  company is expected to report  a
41.7% decrease in revenue to $2.575 million from $4.42 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 34 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "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 $2.5​, above​ its last closing price of $0.56.
​​​

This summary was machine generated August 8 at 02:07 GMT.  All
figures in US dollars  unless otherwise stated