Molecular Templates Inc reports results for the quarter ended in June - Earnings Summary

Molecular Templates

13/08/2021 24:18

* Molecular Templates Inc  MTEM.OQ  reported a quarterly
adjusted loss of 28 cents​​ per share for the quarter ended in
June. The mean expectation of eight analysts for the quarter was
for a loss of 28 cents per share.
* Revenue rose 119% to $15.13 million from a year ago;  analysts
expected $16.80 million. 
* Molecular Templates Inc's reported EPS for the quarter was a
loss of 28 cents​.
* The mean earnings estimate of analysts had risen by
about 16.7% in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Molecular Templates Inc shares had fallen by 11.6% this
quarter and lost 26.4% so far this year.
* The company reported a quarterly loss of $15.6 million.
* Wall Street's median 12-month price target for Molecular
Templates Inc is $13.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 9 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
This summary was machine generated August 12 at 11:18 p.m.  ​All
figures in US dollars unless otherwise stated