Novan Inc expected to post a loss of 42  cents a share - Earnings Preview

NVN Liquidation

18/02/2022 18:40

* Novan Inc  NOVN.OQ   NOVN.O  is expected to show a fall in
quarterly revenue when it reports  results on February 22. 
    * The Durham North Carolina-based  company is expected to
report 
a 28.3% decrease in revenue to $766.25 thousand from $1.07
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Novan Inc is for a
loss
of 42 cents per share. For the same quarter last year, the
company reported a loss of 60 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Novan Inc
is
$30​, about 86.2% above​ its last closing price of $4.13. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2021  -0.42       -0.42      -0.34     Beat    19
 Jun. 30 2021  -0.53       -0.53      -0.45     Beat    15.1
 Mar. 31 2021  -0.50       -0.50      -0.60     Missed  -20​
 Dec. 31 2020              -0.60      -0.60     Met     0
 ​​Sep.        -0.60       -0.55      -0.50     Beat    9.1
 30 2020                                                
 Jun. 30 2020  -0.95       -0.95      -0.70     Beat    26.3​
 Mar. 31 2020  -2.20       -2.20      -1.70     Beat    22.7
 Dec. 31 2019              -4.50      1.10      Beat    124.4
 This summary was machine generated February 18 at 18:40 GMT. 
All figures in US dollars  unless otherwise stated