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

Molecular Templates

14/05/2021 03:51

* Molecular Templates Inc  MTEM.OQ  reported a quarterly
adjusted loss of 51 cents​​ per share for the quarter ended
in March. The mean expectation of eight analysts for the quarter
was for earnings of 14 cents per share.
* Revenue fell 22.2% to $3.22 million from a year ago;  analysts
expected $35.15 million. 
* Molecular Templates Inc's reported EPS for the quarter was a
loss of 51 cents​.
* The mean earnings estimate of analysts had risen by
about 128.8% in the last three months.​ 
* In the last 30 days one analyst negatively revised an earnings
estimate 
* Molecular Templates Inc shares had fallen by 31.4% this
quarter and lost 7.8% so far this year.
* The company reported a quarterly loss of $26.78 million.
* Wall Street's median 12-month price target for Molecular
Templates Inc is $14.00 
* 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 May 14 at 02:51 a.m. GMT.
​All figures in US dollars