Nuvectis Pharma Inc reports results for the quarter ended in December - Earnings Summary

Nuvectis Pharma

05/03/2024 23:28

* Nuvectis Pharma Inc  NVCT.OQ  reported a quarterly
adjusted loss
of 41 cents​​ per share for the quarter ended in December.  The
mean expectation of three analysts for the quarter was for a
loss of 36 cents per share. Wall Street expected results to
range from -37 cents to -36 cents per share.
    * Reported revenue was zero​; analysts expected zero. 
    * Nuvectis Pharma Inc's reported EPS for the quarter was a
loss
of 41 cents​.
    * The company reported a quarterly loss of $6.62 million.
    * Nuvectis Pharma Inc shares had risen by 23.5% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Nuvectis
Pharma
Inc is $21.00 

This summary was machine generated from LSEG data March 5 at
11:27 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      -0.36          -0.41          Missed
 Sep. 30 2023      -0.34          -0.37          Missed
 Jun. 30 2023      -0.29          -0.38          Missed
 Mar. 31 2023      -0.44          -0.27          Beat