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

Molecular Templates

13/05/2022 13:02

* Molecular Templates Inc  MTEM.OQ  reported a quarterly
adjusted
loss of 38 cents​​ per share for the quarter ended in March. The
mean expectation of seven analysts for the quarter was for a
loss of 47 cents per share.
    * Revenue rose 163.5% to $8.49 million from a year ago; 
analysts
expected $5.14 million. 
    * Molecular Templates Inc's reported EPS for the quarter was
a
loss of 38 cents​.
    * The mean earnings estimate of analysts had risen by
about 27.3%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Molecular Templates Inc shares had fallen by 65.8% this
quarter and lost 69.9% so far this year.
    * The company reported a quarterly loss of $21.61 million.
    * Wall Street's median 12-month price target for Molecular
Templates Inc is $10.00 
    * 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." 

This summary was machine generated May 13 at 12:01 p.m.  ​All
figures in US dollars unless otherwise stated