Molecular Templates Inc expected to post a loss of 40  cents a share - Earnings Preview

Molecular Templates

14/03/2022 20:02

* Molecular Templates Inc  MTEM.OQ   MTEM.O  is expected
to show a
rise in quarterly revenue when it reports  results on March 16
(estimated). 
    * The Austin Texas-based  company is expected to report  a
329.8% increase in revenue to $15.031 million from $3.5 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 40 cents per share. For the same quarter last
year, the company reported a loss of 53 cents per share.
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 8 "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 $12​, above​ its last closing price of $2.48.
​​​
    * 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 2021  -0.38       -0.38      -0.54     Missed  -43
 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
 ​​Sep.        -0.56       -0.55      -0.47     Beat    14.8
 30 2020                                                
 Jun. 30 2020  -0.68       -0.48      -0.65     Missed  -34.9​
 Mar. 31 2020  -0.35       -0.32      -0.48     Missed  -50.7
 Dec. 31 2019  -0.18       -0.25      -0.41     Missed  -61.4
 This summary was machine generated March 14 at 20:02 GMT.  All
figures in US dollars  unless otherwise stated