Novan Inc expected to post a loss of 53 cents a share - Earnings Preview

NVN Liquidation

10/08/2021 12:15

* Novan Inc  NOVN.OQ   NOVN.O  is expected to show a fall in
quarterly revenue when it reports results on August 12. 
* The Durham, North Carolina-based company is expected to report
  a 36.4% decrease in revenue to $840 thousand from $1.32
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Novan Inc is for a loss
of 53 cents per share. For the same quarter last year, the
company reported a loss of 70 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 2 "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
$35​, about 76.1% above​ its last closing price of $8.37. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  -0.50       -0.50      -0.60     Missed  -20
 Dec. 31 2020              -0.60      -0.60     Met     0
 Sep. 30 2020  -0.60       -0.55      -0.50     Beat    9.1​
 Jun. 30 2020  -0.95       -0.95      -0.70     Beat    26.3
 Mar.          -2.20​      -2.20      -1.70     Beat    22.7​
 31​ 2020​                                              
 Dec. 31 2019              -4.50      1.10      Beat    124.4​
 Sep. 30 2019  -4.20       -4.20      -3.20     Beat    23.8
 Jun. 30 2019  -3.25       -3.17      -6.90     Missed  -117.9
 This summary was machine generated August 10 at 11:15 GMT.  All
figures in US dollars unless otherwise stated