Molecular Templates Inc expected to post a loss of 78 cents a share - Earnings Preview

Molecular Templates

11/05/2024 01:35

* Molecular Templates Inc  MTEM.OQ   MTEM.O  is expected
to show a
fall in quarterly revenue when it reports  results on May 13
(estimated) for the period ending March 31 2024
    * The Austin Texas-based  company is expected to report a
83.9% decrease in revenue to $5.897 million from $36.63 million
a year ago, according to the estimate from one analyst, based on
LSEG data.
    * ​LSEG's mean analyst estimate for Molecular Templates Inc
is for
a loss of 78 cents per share. 
    * The one available analyst rating on the shares is "buy".  
    * 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 $16.50​, above​ its last closing price
of $1.48. ​​​

This summary was machine generated May 11 at 00:35 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)