Molecular Templates Inc expected to post a loss of 47  cents a share - Earnings Preview

Molecular Templates

09/05/2022 12:03

* Molecular Templates Inc  MTEM.OQ   MTEM.O  is expected
to show a
rise in quarterly revenue when it reports  results on May 11
(estimated). 
    * The Austin Texas-based  company is expected to report  a
59.6% increase in revenue to $5.14 million from $3.22 million a
year ago, according to the mean estimate from 6 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Molecular Templates
Inc
is for a loss of 47 cents per share. For the same quarter last
year, the company reported a loss of 51 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 $10​, above​ its last closing price of $1.45.
​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.10        -0.40      -0.18     Beat    54.7
 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.        -0.47       -0.42      -0.53     Missed  -26.3
 31 2020                                                
 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. 31 2020  -0.35       -0.32      -0.48     Missed  -50.7
 This summary was machine generated May 9 at 11:03 GMT.  All
figures in US dollars  unless otherwise stated