Molecular Templates Inc expected to post a loss of 48  cents a share - Earnings Preview

Molecular Templates

09/08/2022 03:04

* Molecular Templates Inc  MTEM.OQ   MTEM.O  is expected
to show a
fall in quarterly revenue when it reports  results on August 10
(estimated). 
    * The Austin Texas-based  company is expected to report  a
61.4% decrease in revenue to $5.847 million from $15.13 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 48 cents per share. For the same quarter last
year, the company reported a loss of 28 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "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 $9​, above​ its last closing price of $0.87.
​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  -0.45       -0.47      -0.38     Beat    19.6
 Dec. 31 2022  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.        0.19        0.14       -0.51     Missed  -454.8
 31 2021                                                
 Dec. 31 2020  -0.47       -0.42      -0.53     Missed  -26.3​
 Sep. 30 2020  -0.56       -0.55      -0.47     Beat    14.8
 Jun. 30 2020  -0.68       -0.48      -0.65     Missed  -34.9
 This summary was machine generated August 9 at 02:04 GMT.  All
figures in US dollars  unless otherwise stated